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Strategies & Market Trends : Trend Setters and Range Riders -- Ignore unavailable to you. Want to Upgrade?


To: KevinThompson who wrote (21328)7/27/2002 10:59:24 PM
From: Susan G  Read Replies (2) | Respond to of 26752
 
It's actually how I do my homework for my trading. Now all those support and resistance areas are stuck in my head, so when things move fast during the day, I'm prepared <g>.

Like on Friday afternoon, I knew that NQ 908 pivot had held as resistance for days and days, so when it burst through, I was ready to go long that late Friday move up.

If you don't know the support and resistance area on the indexes, you can really get into trouble if you are trading on the wrong side near a breakout or breakdown level!

Glad I can help! Thanks for you contributions on the thread : )