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Old 03-06-2008, 01:30 AM
Jocelyn Jocelyn is offline
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Join Date: Oct 2007
Location: United States
Posts: 115
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You won't get the information in advance specta.

Jim, Tessa & colleagues spend a lot of their day speaking to desks, ferreting around on the quality newswires, picking up on info filtering through the squawks & generally sticking their noses into places they shouldn't

Often, as you see price beginning to hold up around a particular level or zone, and/or coiling up preparing to make a move, you can more or less tell it's getting ready to spring out.

That's where a good appreciation & understanding of support-resistance & supply-demand can come in handy. If the behaviour is occuring on & around a clear previous level of activity, it's a good sign players still consider the level important.

If the level is attracting heavy attention (by way of top tier Banks, Funds, CTA's etc) then the odds of a clean breakout or aggressive follow through are usually increased.
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