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Does anyone have an entry methodology that works off of given support and resistance lines? I am looking for an exact plan to enter trades if I am given a support line such as the Pivot S1 S2 etc that are so common. It has been a frustration of mine for quite a while that I have seen these lines or others work so well, but when it comes time to actually trading them I miss the best trades that always look so obvious after the fact. I am thinking it could somehow involve different time frames with a simple indicator or two. It also seems reasonable that a 2 point stop would be reasonable, using the S&P as an example. I also would like like to find a trailing stop method.
Any suggestions,
SMC
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