Support and Resistance Trading Forum

Re: Homework
By:Erich (vendor, CTA)
Date: 8/22/2005, 12:50 pm
In Response To: Homework (Dino Dave)

I would agree that Hogs are the stronger trend right now, but not for the same reasons that you did (NOTE: that's not to say your reasoning isn't right). I suggested that there were three clues which told you which market was trending better, you got one out of the three, care to try for the other two?

1. Hogs have rising ADX, Rice is falling - I would agree with this.
2. ?
[HINT: what is our definition of a trend with regards to support and resistance?]
3. ?
[HINT: where did Rice bounce?]

Erich
http://www.tradershelpingtraders.net
http://www.supportandresistance.com

Responses To This Message

Re: Homework
Spike -- 8/23/2005, 7:43 pm
Re: Homework
Dino Dave -- 8/22/2005, 7:25 pm
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