DislikedLooks about as 100% accurate as titts on a boar. 100% hocus pocus. But then again what isn't?Ignored
![](https://resources.faireconomy.media/images/emojis/64/1f923.png?v=15.1)
![](https://resources.faireconomy.media/images/emojis/64/270c-fe0f.png?v=15.1)
Time action momentum trading 90%+ accuracy 0 replies
Acceptable Accuracy Ratio for Profitable trading 29 replies
Trading with Coinflip Accuracy!! 29 replies
historical data accuracy puzzlement. 1 reply
accuracy problems or stable market 0 replies
DislikedLooks about as 100% accurate as titts on a boar. 100% hocus pocus. But then again what isn't?Ignored
DislikedHi wmd,
I ploted some lines that appear important to me. Does it makes sense?
Anyone else who like to give his/her opinion just share it I´m glad about any help.Ignored
DislikedYou've plotted s.r based on previous cluster from daily which is good approach. As a secondary measure, see if any of those levels matches with s.r on a weekly.
Im thinking.... Price fell vertically from 50x. Now we are in diagonal movement which continues the momentum. Breakouts are south. So for the time being shorts have favour.
We,re currently at support, horizontal and channel, so i dont want to be selling here. If pa confirms i could take a contrarian long (current price 14710) and favourable short 4850-4900.
I'll look to invest in...Ignored
Dislikednice to see u around
we are approaching the area where i will be looking for a buy .
regards
samerIgnored
DislikedAppreciate your insight on this one.
You say "...any of those levels match in the weekly.." Which are the best ones ? Diagonal or horizontal ? Can we speak about "priority" when talking about lines?
And last but not least: "...Breakouts are south. So for the time being shorts have favour." Should I plot the downward lines too?
You´re being a great help to me in matter understanding market behaviour.
Ignored
DislikedOrthadoxy would give priority to the horizontal. This is because its easier to spot and plot. So accuracy rate for correctly identifying is higher.
Dynamic sr has many different techniques for drawing. My approach is to use 2 extreme points for the line. Then copy this line and 'force fit' it on to the pa. If it doesn't fit i dont have a channel.
Then when prices approaches, you can work out the significance of the level by seeing how price reacts to it.
For weekly my meaning was to take horizontal s.r from weekly.Ignored
DislikedSure I'll respond, get a clue. Price action is what moves the market. S&R will allow you to profit, have fun with your BS indicators.
Peace out and get lost
Ignored
Disliked"Price action is what moves the market"
Hedge Funds and Banks is what moves the markets.
"S&R will allow you to profit"
S&R can be found by generating random prices in an excel spreadsheet. Do you really believe this is what big players look at to make their decisions? Your fooling yourslef or your just a plain fool.
"have fun with your BS indicators"
Whoever said I use indicators? I didn't claim that.Ignored