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6,900 Posts.
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24/02/11
12:33
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Hi runit,
Read your post on the daytrade thread.
Looks as if kev and i have both picked 3.8 as support level.
In response to buying on support levels, the idea of buying at the support level is to buy with low risk/high reward entry.
IMHO, buying at these levels or on any support line, especially one in an uptrend is good practice.
I wont wait for buying to enter if i arrive before the big volume, providing i've picked the support level correctly...
This is not advice, just insight into some buying practices...
Hope that helps....
Cheers
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