SNSN schreef op 26 september 2013 13:52:
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That is as usual - "for whom how"....
But, you are mistaken.... Take a look first at the (different) strategies used by day-trading (also those creating volatility)....
Almost all active traders (and all computer codes) use (daily) PP/R/S/M levels and other (possible) turning points, (former) short/mid-term crucial levels, etc. etc. (for trades optimization)....doesn't matter if someone likes it or not....
The "dynamic TA" is always applicable even with the combination of diffusion & jump processes..... Also standard TA on a very short time-horizon works well (as a tool to coordinate activity of multiple market participants)