Wednesday, May 18, 2005

S/R

Support and Resistance... as my friend Rockstar keeps telling me I need to look at those more often. I have been failing in the last couple of weeks. Here goes.

SR line at 118350 and 118650, after that 119650. 117300,116900,116500 on the low side. What I need to do is have those written down in front of me so that I know where they are everyday.

We did blow up again so I took my trade off. I am short again at 118300, thinking that it won't go thru the resistance line there.

Trader X

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