Do you need a professional charting package?

Ah, Thats better. Thanks Jackozy.

I will keep trying with the IG Advanced charts then. I dont earn enough or trade enough to warrant the extra chart packages.

Thanks

Hi LTV,

That number of 5720.45 is not the support level. It's simply the price at the time I took the screenshot. I have the high you're referring to at 5727.45.

Regarding trendlines, you have to allow for drawing error in chart packages that don't automatically attach the trendline to the price point (like ProRealTime does for example). In this respect, my trendline price cannot be conpletely relied upon and, in fact, when I zoom in I can see that it is slightly out. When the price gets nearer to the target I'll go back and try to be more accurate, but with a trendline 3 and a half years long it will be difficult to be spot on. I'll also look for other supports close by to help with the stops.

Hope that helps.

I have noticed with IG Advanced Charts they have different levels to Updata and Metastock.

As IG does out of hours this seems to mess with the charts.

I noticed Jackozy chart below for the FTSE.

He has horizontal support at 5720.45 and trend line support at 5486.02.

dl.dropbox.com/u/20815047/FTSEdaily13_11_12.gif

I have used IG Advanced charts and have horizontal support at 5727.7 and the trend line at 5379.

Can't post a chart at present.

Trend line connected at 3458.8 - 9th March 2009 & 4719.4 - 9th August 2011, this does not touch the 4th June 2012 low, where as Jacozy chart seems to touch it.

The trend line difference is 107 points difference. This seems way to much, i will be placing trade orders which will never get hit.

Any thoughts?