Replies to post #413 on RENKO CHARTS

[Soapy Bubbles]

I like to use points. The size depends on the chart. Let's say the security has a common daily 3c swing. (Eyeball it from the chart.) Then I use a pointsize of 0.03. If it's a sub-penny, I try to use 0.00x, where x matches the variation in the price on average per day. For example, take DPDW. When I look at the PPS chart, I can see a 6c (high/low -- that's the variation in a day) swing isn't too big for a daily variation. So I pop that in and see: (note, the top that was formed on the long MA -- everyone, every chartist, knew what was coming...eeek.) Notice CCI method tells you to sell on the 12th... the method is in the iBOX.