QUESTION: I found your site http://www.TradeStalker.com through yahoo group. I went to your site and read on your support and resistance, good reading. I am fimiliar with that concept and also Pivots, and have traded them on ES, with my way and have not been successfull. Mainly because I did not know what to do when the market does not reach the support and resistance, either direction, and if it fails to reach the support and resistance, then what do you do, do you wait, for the market to come to the support and resistance area calculated, or do you buy/sell which ever the case, at the reversal and not wait for it to come to support and resistance. Will your nightly trader's updates help me since I am not a day trader, have a job 8-5. How can I take advantage of it, what kind of trade setups are possible?
ANSWER: I have surgery tomorrow, resting today so this will be quick. The service is mainly geared towards day trading. But, trading support and resistance can be done swing trading. I answer your other questions in the teleseminar package found at this link: http://www.tradestalker.com/seminar-package.htm it is 80 some questions answered with chart examples. Mike
Monday, January 23, 2006
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