Are whole numbers what they used to be?

		iTrader Forums » iTrader Info » Make Money Online Info
Are whole numbers what they used to be?

Make Money Online Info Check out this section for some great posts from a superb site we recommend : www.doshdosh.com

LinkBack

Thread Tools

Display Modes

#1 (permalink)

5th June 2008, 08:52 PM

godoftrading godoftrading is offline

Member

Join Date: Apr 2008

Posts: 50

Credits: 14,106

Are whole numbers what they used to be?

It used to be that whole numbers held a particular strength for intraday traders for support or resistance, and to a lesser degree 25s and 50s.

This was more the case with NYSE, but also with NASDAQ to some degree.

But now, with RegNMS, multiple market centers, dark pools, and everything else that has developed over the last few years, it seems that this has changed.

Do you find that these numbers have any significance for intraday traders on a support/resistance basis anymore?

« Previous Thread | Next Thread »

Thread Tools
Show Printable Version Email this Page
Display Modes
Linear Mode Switch to Hybrid Mode Switch to Threaded Mode

Posting Rules
You may not post new threads You may not post replies You may not post attachments You may not edit your posts vB code is On Smilies are On [IMG] code is On HTML code is Off Trackbacks are On Pingbacks are On Refbacks are On

Ad Management by RedTyger