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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Michael Watkins who wrote (42015)3/2/2000 11:31:00 AM
From: fut_trade  Read Replies (2) | Respond to of 99985
 
I don't want to get into an argument about TA. Sometimes it works and sometimes it doesn't.

Sometimes support holds and sometimes it doesn't. Granted that everyone uses some kind of magic to pick entry points, but when the market becomes increasingly volatile, support and resistance is more frequently penetrated and broken. The markets are becoming increasingly volatile, that is my point.