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Old 12-28-2006, 12:25 AM
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Re: Intraday Technical Patterns

Coming back to "Intraday Technical Patterns" what I said before about whats behind the pattern I believe it is Support and Resistance.... and the performance both have as they are tested or breaked... The example above is very clear, a support got breaked... then this support became resistance and DID hold.... I call this "break and Hold" and will expand the topic on a diferent thread ... about scalping or trading.... its the same... they are in diferent speed universes... a bank can be a scalper on weekly universe... ALL technicall aproaches are just about the same.... we can vary on our speed universe... but all technical concepts are common for scalpers as to traders...

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