Hi Rick
The way i trade S/R levels are as follows when price moves up to resistance is if price carries on then wait for a retracement to what will now be support then see if another IB form's and take the trade do the oppersite for support.
More often than not a IB will form but the answer to your question is yes.
To Adam you can trade any amount of pips you want i say min 20 because thats what i do i want to catch the big moves this system requires and any system dont rush i look for two good trades a day not keep in and out. you should easily make 60 pips aday if you are not you are doing something wrong.Thats if you trading full time if you only do a couple of hours a day then trade from 7.00am -10.ooam uk time should get 20-50 pips on ave.
Hope this helps
James
Last edited by james; 04-04-2007 at 08:53 AM.
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