Natural Support and Resistance

[websouth]

Well in your chart above you are using a 1440sma wave on a one minute chart which is a nice daily average view 24 x 60 = 1440 minutes in a day. Pretty neat , huh? Most people will try and trade a 20ema or 50 sma, etc. which is often too fast on a 1 minute chart.

[Jemook]

This thread interests me greatly! I'd love to develop a system based around this but my eyes are tied up elsewhere at the moment. Would love to hear more on wavelets if anyone has mor experience with it.

Jeremy

[nadmondo]

looks ...brilliant