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Strategies & Market Trends : Swingtrading - Tricks of the Trade

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To: Brandon who wrote (32)	10/4/1999 5:08:00 PM
From: Brandon	Read Replies (1) of 551

MINOR SUPPORT: Minor support is the general price area at the peak of a previous rally in an uptrend. Any time the core setup brings a stock to an area of minor support you have a higher percentage setup. Meaning the potential reward vs the risk is greater. I have provided a chart illustration of minor support at mtrader.com. MINOR RESISTANCE: Minor resistance is the general price area of the bottom of the last selloff in a downtrend. Any time the core the core setup brings a stock to an area of minor resistance this will setup a higher percentage setup. This means our risk to reward ratio improves. I have provided chart illustration of minor resistance at mtrader.com Brandon www.mtrader.com/swingtrade

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