[pmha]

Thanks for your reply,

Using support and resistance in that way is definately the best way to trade

ie. in an uptrend buy on a retest of support and in a down trend sell on a retest of resistance, trading this way allows for reasonable stop losses .

Of course this follows the methodology of buy the dips in an uptrend and sell the rallies in a downtrend.

It would be interesting to for you to post your method for finding these areas, as most traders use pivots etc for s/r which personally i find are for amateurs.


pmha