Iterative Refinement

[gucci]

Guys, I have a simple and quite important question. What do we need our trendlines for? I would be glad to get a meaningful answer. You may call it basic research on my part if you wish.

TIA.

 

[nkhoi]

which TL? rtl, ltl ?

 

[innersky]

Quote from charts:

... you're funny

you're not

 

[charts]

Quote from gucci:

Guys, I have a simple and quite important question. What do we need our trendlines for? I would be glad to get a meaningful answer. You may call it basic research on my part if you wish.

TIA.

... RTL and LTL form a price container (a.k.a. tape, traverse, channel)

 

[charts]

Quote from innersky:

you're not

... I sense your frustration

 

[Mr_Black]

YM

 

[Mr_Black]

ES

 

[nkhoi]

Quote from gucci:

Guys, I have a simple and quite important question. What do we need our trendlines for? I would be glad to get a meaningful answer. You may call it basic research on my part if you wish.

TIA.

it is dynamic s/r line.

1also dy·nam·i·cal \-mi-kol\ a: of or relating to physical force or energy b: of or relating to dynamics
2 a: marked by usually continuous and productive activity or change

 

[gucci]

Thank you for the answers. I just realized, that I didn't totally understand the genuine function of the trendlines... I guess the word "container" was a misleading one for me.

 

[innersky]

Quote from charts:

... I sense your frustration

Maybe you should stop trying to put people on the wrong path.
Why do you keep on pretending you know this stuff? This is not the first time you try to do this, isn't it?
http://www.elitetrader.com/vb/showthread.php?s=&postid=2172089&highlight=invented+things#post2172089

--
innersky