bantro1, gotta say, great job on allowing FF members to get a perspective of the markets through your technical analysis. I'm overly impressed by your approach and how you combine market waves, fib levels and S/D zones to look for great trade setups. It's always important to consider the risk/reward proposition when looking at opportunities...probably most important aspect to a trade plan allowing one to preserve capital and grow the account.
Thanks for the Gold tip this morning!! I was able to check the setup on my mobile app (AvaFX) and profited from that opportunity.
Keep up the awesome work!
P.S. you mentioned in a post early on you've been trading a very long time. How long have you been participating in the markets using this approach?
I have been trading this way for only about two years. Up until that time, I relied on the all the classic indicators and was never happy with my results. After much frustration, I finally decided to start over with my approach and search for a better way to trade!
and i also am appreciative of your thread, as i am looking for an alternative to indicator based trading. I've been pouring over this thread in an effort to learn your combination of techniques, and i really like what i see. Please keep them coming!