Level that price will not cross too many times? | Forex Factory

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Level that price will not cross too many times?

  • #1
  • First Post: Feb 14, 2008 11:09am Feb 14, 2008 11:09am
Hi everyone,

Just being curious, does anyone know how to find a horizontal line on the chart that price will not cross more than 2-5 times a day?

Regards,
  • #2
  • Feb 14, 2008 12:13pm Feb 14, 2008 12:13pm
um... look? I'm not sure if you mean a pivot point, or a S/R line. are you going to use this "horizontal line" for entries or stops or direction bias, or what?

andersenws
"Youth is the trustee of prosperity." - Benjamin Disraeli
  • #3
  • Feb 14, 2008 12:40pm Feb 14, 2008 12:40pm
Quoting Yigal
Hi everyone,

Just being curious, does anyone know how to find a horizontal line on the chart that price will not cross more than 2-5 times a day?

Regards,
I had to think about this for a while. There is a line that price will not cross, ever, for any of the major currencies. That line is 0.0000
  • #4
  • Feb 14, 2008 1:00pm Feb 14, 2008 1:00pm
.....again

Quoting smjones
I had to think about this for a while. There is a line that price will not cross, ever, for any of the major currencies. That line is 0.0000
  • #5
  • Feb 14, 2008 1:27pm Feb 14, 2008 1:27pm
Quote
I had to think about this for a while. There is a line that price will not cross, ever, for any of the major currencies. That line is 0.0000

Or so we think... I'm still short for the day it happens tho...
  • #6
  • Last Post: Feb 14, 2008 1:33pm Feb 14, 2008 1:33pm
Quoting smjones
I had to think about this for a while. There is a line that price will not cross, ever, for any of the major currencies. That line is 0.0000
LOL that's classic
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