Paris, France
Experience: Intermediate
Platform: SC, NT, ToS
Trading: CME & Eurex Futures
Posts: 116 since Apr 2011
Thanks Given: 339
Thanks Received: 194
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Hi,
I find trend lines to be powerfull tools. Yet, when looking at price range bars (renko/range/..) trend lines do not appear at the same place as time based bars. This is normal.
Personally, I wonder if range/renko/.. are not getting more and more interesting with the stronger influence of computers that don't care waiting (time based bars require less attention than range/renko because you know when they will close, and this makes it easier for a human).
You may notice this will also have incidence on fibs fans etc...
Which ones do you prefer ? Time ? Price ? Both ? No difference, just have to chose one of them and stick to it ?
Here is an example of a channel top reached on the renko chart, but not on the 60 mn chart.
W.
Thx.
W.
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