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Strategies & Market Trends : NetCurrents NTCS -- Ignore unavailable to you. Want to Upgrade?

To: Jill who wrote (6443)	3/21/2001 11:44:42 AM
From: Michael Watkins	Respond to of 8925

There was a 2B test of the lows on the 1M chart, and knowing that price in bigger time frames was just under a big area of resistance defined in higher time frames (5,15,45 etc), if price were to move up, it would do it right there and with energy. Sure enough, the thrust was there. But again, these are small time frames and lots of movement can happen before eventual direction is determined, so scalping is the way to go for me at least. By 10:50or so I was out of both trades. Have to run for the day, have a good one!