SMC Update 2-8-23

Wed, 02/08/2023 Wednesday, 02/08/2023 5:32 PM PST


Comments (10)
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spencerdavis2000
spencerdavis2000

I think this is great. I tried to put speed resistance lines on but I think I have a newer Tradestation platform which I don't think has it. Maybe I should download the legacy version. Do they work intraday as well ?

Optimus
Optimus

Thank you, Peter. Thank you for introducing us to these nifty lines. Amazing!

danizh53
danizh53

Hi Peter, the playback speed option isn't appearing: https://i.imgur.com/Q7jDNAL.png

Please help, I can't sit through the normal speed.

adwhartonmd232
adwhartonmd232

Peter I agree with Danizh53 Please re activate the choice of increasing the speed of option to 2X Normal speed too slow Thanks

Last updated

benjamintang713642
benjamintang713642

Wonderful findings from the VIX trend line analyses and the Speed Resistance Line convergence. Classical technical analysis is amazing...if used in the right hand. The Speed Resistance Line findings are in keeping with the known mathematics of Fibonacci relationship in stock price movements - prices moves in proportions of a third (1, 3, 5...or 38.2%, 61.8%, 1.618%). Everything seems to come together now. Thank you Peter!

kasparbredahl2595
kasparbredahl2595

spencerdavis2000 said:

I think this is great. I tried to put speed resistance lines on but I think I have a newer Tradestation platform which I don't think has it. Maybe I should download the legacy version. Do they work intraday as well ?

Maybe you can just use Fibonacci fan and change the numbers to speed resistance lines.

27511033875
27511033875

Please, Pete, keep boring me; this update was fantastic!!

jshemanski49196
jshemanski49196

Peter, please clarify where the 1% stop above the SRL is for the NDX, as looks like we are approaching it.

Peter Eliades
Peter Eliades

danizh53 said:

Hi Peter, the playback speed option isn't appearing: https://i.imgur.com/Q7jDNAL.png

Please help, I can't sit through the normal speed.

Is that still the case, Danizh, or have they appeared now. I see the options now...

Peter Eliades
Peter Eliades

kasparbredahl2595 said:

spencerdavis2000 said:

I think this is great. I tried to put speed resistance lines on but I think I have a newer Tradestation platform which I don't think has it. Maybe I should download the legacy version. Do they work intraday as well ?

Maybe you can just use Fibonacci fan and change the numbers to speed resistance lines.

That's exactly the way to do it!! Right click on blank part of chart, choose drawing, then go to Fibonacci fan and put in the 1/3, 2/3 inputs...

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