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Replies to #1935 on RENKO CHARTS

renkoron

08/20/08 11:12 PM

#1938 RE: leftyg #1935

LEFTYG, I enjoy the Renko charts but also enjoy the challenge of the breadth indicators. The reason I am appreciating PNF is you can set a percentage box size and use it for multiple stocks or funds. ATR is fine for funds with no high and low to figure which keeps brick size managable. I wonder if we wrote Stockcharts they would consider a percentage brick size like PNF. I bailed on QLD,UWM and MVV. MY uvpix is close to a sell, closer than I thought. I trade uupix and uvpix off of ADRE in my Profunds account. EEV is a ways away.

The $nahilo, $nyhilo, and $bpndx all turned down today so maybe this is a turn. Enjoy your comments. Good Luck.

sammy1024

08/25/08 7:27 PM

#1944 RE: leftyg #1935

plus mdy was at resistance at the 50 day moving average. need to take that into account when making trades with mvp.