Hi Alfonso,
First all, Thanks a ton for making such beautiful and easy to understand videos . I had some doubts related to validity of sup dem zones; however after watching your videos, everything was very very clear. Thanks a lot for all the efforts that you put in to help fellow traders.
However, one thing that left me puzzled was the 'validity of the base' that was being discussed in the last 5 min of the video that was published on 24th March 2014 (Youtube - How to draw supply and demand levels and trendlines). I got confused as to what creates a valid base and what was the rule that was broken by the base being discussed in the video mentioned.
Though, I have not been able to go through all the videos that you have published so not sure whether this has been discussed before, but it would really help me if you can refer any video where drawing of bases (with ref. to specific rules of validity ) has been discussed.
Thanks again for the wonderful videos!!
First all, Thanks a ton for making such beautiful and easy to understand videos . I had some doubts related to validity of sup dem zones; however after watching your videos, everything was very very clear. Thanks a lot for all the efforts that you put in to help fellow traders.
However, one thing that left me puzzled was the 'validity of the base' that was being discussed in the last 5 min of the video that was published on 24th March 2014 (Youtube - How to draw supply and demand levels and trendlines). I got confused as to what creates a valid base and what was the rule that was broken by the base being discussed in the video mentioned.
Though, I have not been able to go through all the videos that you have published so not sure whether this has been discussed before, but it would really help me if you can refer any video where drawing of bases (with ref. to specific rules of validity ) has been discussed.
Thanks again for the wonderful videos!!