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Doug, I do have one question on your S/R's. Do you use price by volume or some other benchmark?
Actually...it is a formula using Fibs, Gaps, MACD, Stochs, RSI, Congestion, Highs/Lows and some other factors. We tried to mimic someone else's criteria about a year or so ago...But I am not the one who came up with it...I just click a key....My friend is the computer whiz. As far as the R1 and S1 I get that from the daytrading site that Spike posted a few weeks ago.
"Trade What Is Happening...Not What You Think Is Gonna Happen"
Heck...I remember urging my trading partner to bail on TZOO at $18...but then again she told me to dump MIDD at 26 and HANS at 25...so we are even...LOL
"Trade What Is Happening...Not What You Think Is Gonna Happen"
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