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here's my 2 cents on support and resistance.... let's say you normally use a 3% stop... does't matter because this works on a 5 or 7% stop as well.... the index or stock you are trading appears to have hit resistance.... shorting an index or stock when you think it's at resistance is a great...

i haven't read the whole thread... so some of this stuff has probably posted many times before... active trading is only part TA, you have to know where to place your stops.... most traders that say TA doesn't work are those who have never made a huge number of trades using it.... also...

OptionScreen, thanks for the info and the links.... i've developed many program strategies and was always disappionted at the late fills in the past.... i will have to see how they work now.... thanks for bringing me up to date on what in the past has been a TS problem.....

it seems as tho some posters on this thread have never program traded on TS.... TS program trading auto executes intrabar stops and intrabar profit targets..... TS still requires a one to two bar delay when opening a position....the command "buy next bar at open" or "buy this bar at close is...