DislikedI can only answer from my own experience. Other bank traders (who care about S/R) will have their own approaches. I was taught how to draw horizontal S/R lines at places where there are likely occurrences of order clusters. Thereafter, how I interpreted price moves in relation to the lines was entirely up to me and yes, it really is a matter of screentime. Some of us take to it like a duck to water. Some (like me) had to struggle a little bit, but we made our bones in the end.Ignored
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- Nov 28, 2015 12:54pm Nov 28, 2015 12:54pm
- Joined Oct 2007 | Status: Former institutional dogsbody | 1,253 Posts
I'm not trying to convince anyone. I'm not in the "convincing" business.
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- Nov 29, 2015 1:04am Nov 29, 2015 1:04am
- Joined Oct 2007 | Status: Former institutional dogsbody | 1,253 Posts
I'm not trying to convince anyone. I'm not in the "convincing" business.
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- Nov 29, 2015 10:23am Nov 29, 2015 10:23am
- Joined Apr 2013 | Status: Now I know you | 5,816 Posts
don't predict direction, but dance with flow of water
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- Nov 29, 2015 10:54am Nov 29, 2015 10:54am
- Joined Nov 2013 | Status: Member | 1,391 Posts
SPC * Swollen PocketZ Crew!
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- Nov 29, 2015 11:26am Nov 29, 2015 11:26am
- Joined Apr 2013 | Status: Now I know you | 5,816 Posts
don't predict direction, but dance with flow of water
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- Dec 3, 2015 7:38pm Dec 3, 2015 7:38pm
Wealth comes from what you keep, not what you earn
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- Edited 7:59am Dec 4, 2015 7:49am | Edited 7:59am
- Joined Sep 2013 | Status: Member | 1,209 Posts