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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures -- Ignore unavailable to you. Want to Upgrade?

To: Robert Graham who wrote (39835)	11/3/1999 3:25:00 PM
From: Matthew L. Jones	Read Replies (1) \| Respond to of 44573

Robert, Thanks for the lengthy explanation. If I understand correctly (and of course to over-simplify) you use pretty much the same resistance and support as I do: High for session High from previous session High from week Low for session Low from previous session Low from week 50 SMA on day chart 200 SMA on day chart 1% trading bands off of 10EMA intraday charts For a real trader, I think your use of the term resistance (meaning above or below) is good. It implies that the trader is as comfortable going short as long... if you are short, support is resistance (so to speak). Thanks for taking the time out of your trading day to go into the kind of detail you did. I appreciate it. I hope there are others who find it useful as well. Matt