Support and Resistance Trading Forum

Re: Profitable day today....
By:Jeff Koski
Date: Thursday, 16 February 2006, 12:12 am
In Response To: Re: Profitable day today.... (Frank C)

I'm on the West Coast, so it's the first hour of trading in the beans. As for Tom's style, it's more like day trading. There's other techniques he uses as well, like in the bonds and gold. One of the techniques he uses is scalping, it's looking for good strong S&R lines, then ambush the market. Then when you are in the market, aggressively move stops in close and keep them close. Then on any sign of a pull-back, you are out with money in your pocket. :) I hope this is a pretty good explanation of Tom's scalping technique. Is there anything else I missed Tom?

JeffK

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