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Re: [RT] Entries On Support Or Resistance



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Ben,
Did you post the indicators to the group that this document describes? At
one point I received an .eld file from you but i didn't know how to use
it. I only know what to do with .ela and .els. Are you sharing your
indicator with the public?
Thanks very much,
Gila

At 10:02 PM 1/29/2003, you wrote:
See
word document for help with the stop loss and entry 

(on daily,21 min  13 min 
,39 min  etc bar)
Ben

----- Original Message ----- 
From: Sean Cassidy 
To:
realtraders@xxxxxxxxxxxxxxx 
Sent: Wednesday, January 29, 2003 1:47 PM
Subject: [RT] Entries On Support Or Resistance

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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