Support and Resistance Trading Forum

Re: How we did
By:Erich
Date: 11/18/2010, 11:33 pm
In Response To: Re: How we did (Travis)

Hi Travis,

I had an appointment in the morning and didn't get a chance to trade; however I can tell you that I would've been looking to buy the first bounce off 1174.00 somewhere around 1176.00. I would've been looking for a sell around 1180.00 but quite honestly I'm not sure I would've had the nerve to hold on to the trade as long as was required to see it retrace back to 1174.00. But once the market was back at 1174.00 I would've looked to buy again around 1176.00.

If my schedule allows I'll see about getting into the daytrading room and showing you "live".

Hope that helps a bit. I'll also try to put something together in this weekend's Lesson so you get a better idea what to look for when daytrading.

Erich

ONLINE COMMODITIES TRADING