Disliked{quote} So, not really different to trading supply and demand (re: your other post), which ultimately identifies contraction expansion (pull back to contraction continuation patterns). Your line in the sand and entry levels, and my SD levels are simply way markers based on market fact - how it moves. The only difference is, where you are entering on the breakout, I am entering on the pull back. So, in theory not much difference in logic. And I'd go even further to suggest that if you were also trading the higher time frames, you could find yourself...Ignored
1. mindset
2. application of method (are there any if's and buts? subjectiveness? can entries be automated?)
3. frequency of opportunity
other than that we are all trading the same movements in price yes, if you remember I always say - this is an alternative to predictive technical analysis and not superior, although for some it may well yield greater result
tradewith60