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Strategies & Market Trends : Trading the SPOOs with Patrick Slevin! -- Ignore unavailable to you. Want to Upgrade?


To: Nemer who wrote (4638)5/23/2000 11:46:00 AM
From: Patrick Slevin  Respond to of 7434
 
My experience is that if I can figure out Support or Resistance then everyone else can as well.....

So what I do is presume that if the area is targeted on a move then it shall be broken by at least a small amount. So, I keep my Stops just above that Support area and wait to see how it's broken and then perhaps re-enter if it holds just below it.

Of course, I don't have to be distracted by sprinkler head futures.