XJO 0.78% 8,139.0 s&p/asx 200

we are all sheep, page-19

  1. 9,861 Posts.
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    Scottdash

    I try and only trade the SPI less than 50/60 days per year, 2 days either side of the mid month turn dates i mention here and then the FEAR and EXUBERANT days thrown in. So i wouldnt be much help for a night session there sorry :(

    I have no problem sharing what i know about short term trading stocks, but rarely do i let anyone into my trading room. So mabye for the time being flick some questions to me on HC and i will answer when im free.

    My main rule for day trading is USE STOPS and never adjust them. Once support or resistance goes RESPECT IT

    Examples
    BHP last friday resistance was 3031, and look where it is now 15% up the road
    BNB - ( daily ) major fib support was 38 cents, once it went look what happend ( disclaimer i have never owned BNB),
    i may be wrong but i also mentioned on that htread that if that level went it would struggle to survive, because the 200% fib is below 0




 
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