Replies to post #22411 on lowtrade

[PlanTrader]

Thanks low, but how many times have you used "open" values for upper trend lines, whether red or white candles? A lot of the time, right? The top of a red candle is the open. Does that contradicts what you just said?

Here are some examples from you, in this one for the top line of asc triangle you used the top of a black candle & top of a red candle (both are opening prices, not closing) http://investorshub.advfn.com/boards/read_msg.aspx?message_id=46104745

And here, you started your upper trendline at the top of a red candle and the next touch was the top of a black candle: http://investorshub.advfn.com/boards/read_msg.aspx?message_id=64248314

Started your top line at the top of a red candle here too: http://investorshub.advfn.com/boards/read_msg.aspx?message_id=64127044

See my question now? What distinction are you making where you say to use the closing price for an upper trend line candle body? Or why disregard the top of a black candle when drawing a line? If you disregard the black's "open" (top of candle) when drawing a line, then shouldn't we also disregard the red's "open" (top of candle) when drawing a line? If not, why not? I still don't see the reasoning being used, but I want to learn something on this IF there's something to be learned.