Disliked{quote} I still can’t get the hang of trading D on the longer term. I have no idea where to put my stop and determine my position size. I take some of these in demo but mostly losers.Ignored
I am still learning.. but, although, I have heard that price can't be held to a single line of support and resistance.. I am starting to disagree with that sentiment. Of course there are no guarantees in regard to price action other than playing the high probability set ups. Nevertheless, I believe that price reacts to key areas that have a stronger probability of picking up and dropping off buy and sell orders. I don't know if that makes sense. I think fibonacci is used to calculate those areas as well.
I am still testing my lines. So far, price has made significant stops on them. However, figuring out how to take advantage of it is my dilemma. I will send you a p.m. about it later. So, you can see what I am doing.. you will laugh at how simple it is. lol
You are much better at fibs and confluence than me. I really appreciate your charts!!!
Luck has no place in trading. Leave that for the poker table.
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