Comments on: How I Trade Support and Resistance http://www.atradeaday.com/2007/11/06/how-i-trade-support-and-resistance/ A Source for Trading Ideas. Thu, 20 Nov 2008 21:49:45 +0000 http://wordpress.org/?v=2.6.1 By: Rob http://www.atradeaday.com/2007/11/06/how-i-trade-support-and-resistance/#comment-9322 Rob Fri, 11 Jan 2008 12:29:45 +0000 http://www.atradeaday.com/2007/11/06/how-i-trade-support-and-resistance/#comment-9322 I strongly agree that support/resistance aren't finite, but regions. Some feel when a candle shadow has broken support/resistance that we must look for new support.resistance. However when trading intra-day that may not be suitable due to scaling back the timeframe to find another peak. I feel that a shadow break is simply a weaking in the up or downtrend, however often the candles following will continue to sit on previous support/resistance. It's all a matter of opinion I'm sure. However, it works successfully for my day-trading currencies. I strongly agree that support/resistance aren’t finite, but regions. Some feel when a candle shadow has broken support/resistance that we must look for new support.resistance. However when trading intra-day that may not be suitable due to scaling back the timeframe to find another peak.

I feel that a shadow break is simply a weaking in the up or downtrend, however often the candles following will continue to sit on previous support/resistance. It’s all a matter of opinion I’m sure. However, it works successfully for my day-trading currencies.

]]> By: Trading Bases | A Trade A Day http://www.atradeaday.com/2007/11/06/how-i-trade-support-and-resistance/#comment-5705 Trading Bases | A Trade A Day Wed, 12 Dec 2007 07:03:37 +0000 http://www.atradeaday.com/2007/11/06/how-i-trade-support-and-resistance/#comment-5705 [...] 2. Support and Resistance. I’m constantly mentioning support and resistance in my posts, but they’re important. I couldn’t trade without them. Typically, the best trades off bases will occur when the base hugs a line of support or resistance. When going long you want support to be underneath you and resistance far above you. The opposite holds true when shorting. [...] [...] 2. Support and Resistance. I’m constantly mentioning support and resistance in my posts, but they’re important. I couldn’t trade without them. Typically, the best trades off bases will occur when the base hugs a line of support or resistance. When going long you want support to be underneath you and resistance far above you. The opposite holds true when shorting. [...]

]]> By: Merge Time Frames to Make More Money | A Trade A Day http://www.atradeaday.com/2007/11/06/how-i-trade-support-and-resistance/#comment-4345 Merge Time Frames to Make More Money | A Trade A Day Mon, 03 Dec 2007 08:03:16 +0000 http://www.atradeaday.com/2007/11/06/how-i-trade-support-and-resistance/#comment-4345 [...] are support and resistance on larger timeframes can prove to be very strong. This longer term support and resistance can influence how your trade plays [...] [...] are support and resistance on larger timeframes can prove to be very strong. This longer term support and resistance can influence how your trade plays [...]

]]> By: Festival of Stocks - November 12, 2007 | My Adventures into The Street http://www.atradeaday.com/2007/11/06/how-i-trade-support-and-resistance/#comment-2036 Festival of Stocks - November 12, 2007 | My Adventures into The Street Mon, 12 Nov 2007 21:56:15 +0000 http://www.atradeaday.com/2007/11/06/how-i-trade-support-and-resistance/#comment-2036 [...] presents How I Trade Support and Resistance posted at A Trade A Day, saying, “An understanding of the nuances of support and resistance [...] [...] presents How I Trade Support and Resistance posted at A Trade A Day, saying, “An understanding of the nuances of support and resistance [...]

]]> By: The Stock Market Carnival - Nov 12, 2007 Edition http://www.atradeaday.com/2007/11/06/how-i-trade-support-and-resistance/#comment-2029 The Stock Market Carnival - Nov 12, 2007 Edition Mon, 12 Nov 2007 20:43:01 +0000 http://www.atradeaday.com/2007/11/06/how-i-trade-support-and-resistance/#comment-2029 [...] presents How I Trade Support and Resistance, saying, “An understanding of the nuances of support and resistance is critical to successful [...] [...] presents How I Trade Support and Resistance, saying, “An understanding of the nuances of support and resistance is critical to successful [...]

]]> By: Another week, another Link Mash-up. Remember, if you have a story that you think is deserving to be on a Link Mash-up (comes out every Friday or Saturday), then send a link through the contact page. Your story must have something to do with business, stoc http://www.atradeaday.com/2007/11/06/how-i-trade-support-and-resistance/#comment-1760 Another week, another Link Mash-up. Remember, if you have a story that you think is deserving to be on a Link Mash-up (comes out every Friday or Saturday), then send a link through the contact page. Your story must have something to do with business, stoc Fri, 09 Nov 2007 17:49:25 +0000 http://www.atradeaday.com/2007/11/06/how-i-trade-support-and-resistance/#comment-1760 [...] I Trade Support and Resistance […] - A look at some of the ways to play support and [...] [...] I Trade Support and Resistance […] - A look at some of the ways to play support and [...]

]]> By: Bubs http://www.atradeaday.com/2007/11/06/how-i-trade-support-and-resistance/#comment-1559 Bubs Wed, 07 Nov 2007 13:31:34 +0000 http://www.atradeaday.com/2007/11/06/how-i-trade-support-and-resistance/#comment-1559 Thanks, look forward to the future post. I'm always interested in how other traders make money from this market Thanks, look forward to the future post. I’m always interested in how other traders make money from this market

]]> By: Jonathan http://www.atradeaday.com/2007/11/06/how-i-trade-support-and-resistance/#comment-1528 Jonathan Wed, 07 Nov 2007 03:13:25 +0000 http://www.atradeaday.com/2007/11/06/how-i-trade-support-and-resistance/#comment-1528 I'm primarily a swing trader. I used to day trade quite a bit. Now I use intraday patterns to lower the risk of my swing entries. In terms of intraday setups, I will be detailing them on this blog in the near future, but to give you an idea my setups are as follows: OOPs Trades Bear/Bull Traps Range Contraction/Expansion Hope this helps. I’m primarily a swing trader. I used to day trade quite a bit. Now I use intraday patterns to lower the risk of my swing entries.

In terms of intraday setups, I will be detailing them on this blog in the near future, but to give you an idea my setups are as follows:

OOPs Trades
Bear/Bull Traps
Range Contraction/Expansion

Hope this helps.

]]> By: Bubs http://www.atradeaday.com/2007/11/06/how-i-trade-support-and-resistance/#comment-1527 Bubs Wed, 07 Nov 2007 03:05:30 +0000 http://www.atradeaday.com/2007/11/06/how-i-trade-support-and-resistance/#comment-1527 Do you also daytrade or just swings? I read your comment on my blog about trading a similar style and was interested in some of style of trades you take. Do you also daytrade or just swings? I read your comment on my blog about trading a similar style and was interested in some of style of trades you take.

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