I know this thread has been inactive for a long time, but i was reading some of the comments and I think trading levels (S/R, Pivots, Camrilla leveels, ect...) with a limit order just sitting there is a disaster waiting to happen. But, if you look at the charts and learn to read price action around these levels its a gold mine waiting to happen. My biggest problem has always been that I have been looking for a holy grail of the correct indicators to line up, and that just doesnt exist. I think the only way to successfully and consistantly make money in the markets is to trade price action around key levels. Camarilla will work, but you gotta have a STOP LOSS, and you have to read price action and candle stick formations correctly. One more thing of note. If there was a way to figure out which direction the big money was trading at these key levels, we would all be set! Thats just my 2 cents! Have a great day!
