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Previous days highs and lows are certainly levels to be aware of, but support and resistance is only support and resistance until it is'nt if you catch my drift. :)

There aint no short cut mate, now you carry on staring at your screen......

Have a think about answering this question. You have 2 different days with the same news. Why does the market rally on one day and then tank on the other??

Still long?

Find a woman (or man) :)

Good luck bro........ A tip, try not to rely on luck.:)

A great story amongst all the doom and gloom......... http://www.independent.co.uk/news/world/americas/hero-of-the-hudson-immaculate-unruffled-with-a-sharp-uniform-1418235.html doomed flight a happy ending By David Usborne in New york Saturday, 17 January 2009 Captain Chesley...

keep using those indicators cable trader :) On the other hand what your calling irrational I call common sense.........

Yes and yes. I tend to look a bit deeper into the price action, but you can work off S/R or areas of supply and demand..

After WW2 and Hilter do you really think Germany would be heavily involved in starting WW3? complete and utter nonsense

The people that matter are more active around these times......

You still get stop hunting bro, and I dont mean by the brokers...

Must admit I'm finding current volitility awesome I trigger all my stops manually, with an emergency wide stop in place. I know pretty quickly whether the trade is good or not, and will stop out no worries manually.. Be aware that stops ARE hunted down, and I dont just mean by the...

I'm afraid what your after is only gained from experience, there is no quick way. What is sideways whipsawing in the first place? Distribution?, re accumulation? What your actually asking is 'where are we in TREND'? Price and volume will give you clues... happy hunting....

Your wrong, a few can.

WASHINGTON (Reuters) - The United States surged into action on Friday to launch an all-out attack against the worst financial crisis since the Great Depression, readying a plan to tap hundreds of billions of dollars in taxpayer funds to buy up toxic mortgage-related debt. Capping a week that...

Now, the fear is palpable. With the government bailout of mortgage behemoths Fannie Mae and Freddie Mac, followed by Lehman Brothers' seeming death spiral and even more banks in trouble this week (et tu, WaMu? Merrill??), everyone's wondering just when the bleeding will stop. For market...

Well my learned American friends, are you happy with the government bailouts of investment banks? The tax payer will bare the brunt of the all the public money being used to bail out in my opinion the greedy banking fat cat ass holes who caused the big mess in the first place. You'll be...

It happens every day, read some Wycoff.

Bravo to Israel for sticking up for themselves.