Equity:816.74 - New idea to trade from Kathy's book

Some of the methods that are taught are surprising close to what I did last time.
Anyway, today I learnt a simple method of trend trading.

• Use Daily chart and see the overall trend
• Then switch to Hourly chart and look for a retracement to enter
• This is done by seeing the price hitting a resistant zone and bouncing away again

And the above forms a confluence between a major trend, and a resistant level.