Morning PolePower - It's a good question and very much open for debate. It is my preference for up to 6 month charts - but some say it is better for longer term and linear is better for short term:) Here is a bit of a blurb on the difference. I'll dig up a bit more after my coffee:)
When prices move in large percentages, trendline construction can be subjective and analysis unreliable. Logarithmic (Log) scaling overcomes this problem. Rather than simply plotting price on the vertical axis in a linear fashion, prices are plotted to indicate percentage changes. This means that the vertical distance drawn for an item that doubles in price is the same whether it goes from 5 to 10 or from 100 to 200. A linear scale would plot the same vertical distance from 5 to 10 as it would for 100 to 105.
MAC
Going Long on a penny or a pinkie? Bad Choice - but you WILL learn the hard way! Most of the gurus on these message boards don't really have a pot to piss in! Just a lot of membermarks and perhaps a single wide! GOT FRONTLOADED?
