Support and Resistance Trading Forum

Re: Canola...
By:Erich (vendor, CTA)
Date: 12/30/2007, 2:54 am
In Response To: Re: Canola... (Alan C.)

Yes, we all hate those rocket runs without us, but the market will form resistance (or support) and that gives us a second chance to get in! The important part is to wait for the resistance to form BEFORE trying to get in; otherwise you might just end up buying the high and watching the market pullback against you.

Ask me how I know... ;-)

Erich

Responses To This Message

Re: Canola...
Alan C. -- 1/15/2008, 1:51 am
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