Do Trendlines work?

[joepepper2001]

heres a gann chart never used this before watching it today to see if it works, seems to run with support and resistance

 

[joepepper2001]

5day 5 minute, running regular charts next to it

 

[joepepper2001]

heres a longer term cann chart, not sure if that blue line was ahaead of the move, I'm going to watch it

 

[j1900q]

I use trendlines on a 60 min chart, just to know the trend really. So of course they work, just like tires on a car. But don't think one will last forever.
trade well
Keith

 

[joepepper2001]

seems like good old support and resistance is holding up better then the gann, prophet.net has a ton of indicators

 

[joepepper2001]

might have a little flag pole going

 

[joepepper2001]

could test the support

 

[joepepper2001]

if we can break 461 then 508 might bring some resistance

 

[ljyoung]

Hey Joe,

I'm curious. Is your refresh OK? I stopped using Prophet because for me, for equities, the refresh sucked. I hope it's not the case for YM.

Sincerely,

lj

Take a shot. Refresh. Take a shot. Are the shots the same?

 

[joepepper2001]

Quote from ljyoung:

Hey Joe,

I'm curious. Is your refresh OK? I stopped using Prophet because for me, for equities, the refresh sucked. I hope it's not the case for YM.

Sincerely,

lj

Take a shot. Refresh. Take a shot. Are the shots the same?

do you have streaming chart checked on the bottom of the left side, I don't have to refresh during the day, it does have gaps in it over night but I use the gaps for support and resistance so I don't care, I can see the high and low of the first 5 and 15 mins easier when theres gaps