DislikedSome of you are confused so I will clarify. These lines are nothing more than .25% .50% .75% 1% of the days move (from the open) above or below the market. We know for a mathematical fact that the market stays/closes within a plus or minus .50% move 85% of the time. SEE MY PREVIOUS POST WITH 1 year DATA SPREADSHEET ^^^ Your entire trading strategy and most importantly your Money Management rules should all be built off this fact. I specifically use these levels for calculating risk because if the market stays within the plus or minus .50% range...Ignored
can you compare it with the often used ADR?
and do you have numbers for the pound/dollar?
I know that you and I know nothing.