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Strategies & Market Trends : Trade What You See, Not What You Think

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To: chris- who wrote (234)12/13/2000 4:06:32 PM
From: TraderAlan  Read Replies (2) of 867
 
Chris,

Here is a graphic from my course that shows the success and failure of trading with or against the trend at key support-resistance interfaces.

Buying the breakout gaps on SATH got traders in a lot of trouble until it popped out of the rising congestion. Reversing and trading in line with S/R was a much better strategy.

hardrightedge.com

Alan
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