DislikedHi Pax,
To watch PA behaviour at S&R levels is not prediction even if we know before hand where they are. Fib levels are not important to me, I have said they are self fulfilling prophecies and 1/4, 1/3, 1/2, etc are good enough gauges. However since all charting software provide this tool, it is very handy to pull a line and see where the zones are and whether there is confluence with pivots, peaks and valleys, yesterdays highs and lows etc etc. Okay may be fti does not look at pivots, yesterday's high and low but he talks about hip and lop though,...Ignored
also with my latest obsession... i think ok ... stops are triggered the vacuuem gets filled and i enter... no way breaking news, .... fucking greek president suggests a referendum..... trend change!
and with berlusconi... greece... israel/iran etc... be carefull.
edit~ about the NO LOSS we should remember what you said DAMAGE CONTROL!!
regards,pax
even with my eyes open i cannot see everything