QUESTION: Mike, I'm a subscriber to your delayed subscription service; I've also read you basic guide to s/r trading and found this to be a very interesting approach to trading. I'm contacting you about your trading method. I'm aware of the trading camp and the recorded seminar; however I'm looking to find out if your strategy is available other than thru the trading camp. Also does the subscription service entitle the subscriber to the indicators as well? Thanks for your time.
ANSWER: My strategy basically is looking to short at resistance areas, and look to get long at support areas. And on occasions where I have reason for a strong bias, we stay pretty much exclusively on that side of the trade. My intraday charts have no indicators on them, other than several moving averages and a chart of the Tick. The other indicators I use are end of day, mostly home-made in spreadsheet spanning back to the 80's. I give this and explain the use in the Camp, but they are proprietary and for attendees only. An e-book along with more audio / video is upcoming, hopefully before month's end, depending upon my health. If you feel ready to give the TradeStalker's RBI service a shot, remember I give a guarantee. A day like today might have taken care of a month as the market bottomed early at my first support at topped up around the second resistance, dead hits on both sides of the NQ. - Mike
Monday, January 23, 2006
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