Support & Resistance levels , and moving averages are just meaningless lines on the chart.

[wxytrader]

Excluding triangles. Prove me wrong.

 

[speedo]

ET lol

 

[Scataphagos]

Excluding triangles. Prove me wrong.

Isn't that kind of like trying to prove you're not a wife beater?

 

[murray t turtle]

Excluding triangles. Prove me wrong.

%%
COULD do that;
but m averages are not for all. Some also use all the alphabet + not just ''wxy'' LOL

 

[Overnight]

Excluding triangles. Prove me wrong.

But if you are suggesting that triangles need a support (or resistance) line to form, then you have just imploded your own posit.

 

[notagain]

Resting order levels depend on news, earnings, FED decisions and gov't spending.
By the time a channel forms it's almost to late.

 

[hilmy83]

Excluding triangles. Prove me wrong.

YES, ALL USELESS. KISS BABY!

oh wait, i got it all mixed up now....

 

[deaddog]

Prove me wrong.

I could do that, but why?
What's in it for me???

 

[David's faith]

Prove me wrong.

Wrong.

 

[Arnie]

If you don't know how to use them, then yes, they are useless.