Use Logarithmic Price Scale to identify technical events
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chicky
Apprentice
Joined: 23 Sep 2005
Posts: 2
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 Posted: 07/17/08 - 07:33 Post subject: |
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| Hello, I have a small problem and I would appreciate if you could help me on this matter. Can you explain to me how I can use logarithmic Price scale to identify technical events? Do you have nay knowledge about this matter? Feel free to write down anything you know about this matter. Thank you all for making a comment in advanced. |
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nels
Apprentice
Joined: 30 Nov 2005
Posts: 23
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| Posted: 08/16/08 - 00:59 Post subject: |
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| You can use logarithmic charts to identify technical events without any problem. This scale is being used to identify opportunities on weekly charts. On the other hand linear scales identify events on daily charts. So you have to pay close attention to these scales in order to get the right picture. |
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