GU
KRD
Disliked{image} Does it look like i am trading support and resistance? I bet it does....after the factIgnored
Disliked{quote} Hi TRD, Good to hear from you. Could be way of the mark but just follow PRICE from one Price Point to the next. I'm using 10 pip increments. {image}Ignored
Disliked{quote} Hi TRD, Good to hear from you. Could be way of the mark but just follow PRICE from one Price Point to the next. I'm using 10 pip increments. {image}Ignored
DislikedThe Great Delusion Dictionary: Delusion 1. A belief held in the face of evidence to the contrary, that is resistant to all reason 2. A false belief strongly held in spite of invalidating evidence (especially as a symptom of mental illness) 3. A fixed false belief that is resistant to reason or confrontation with actual fact If you ever follow my posts, you would know by now that: I don't look at history I don't do back testing I don't draw lines, fib levels, don't draw patterns, S/R, pivots, S/D, etc... I don't do any technical analysis...Ignored
DislikedI've been a long-time lurker on this thread. Quite frankly it has changed the course of my trading development (for the better). For the first time I've started to see success without relying on indicators; instead I've been trying to read the reasons behind price movement. After a few months of success, recently I've reached a bit of a roadblock. I don't know why this is but I've almost become paralysed by analysis and afraid to enter my trades. I cycle through multiple timeframes from Weekly down to M15 and keep seeing different reasons why the...Ignored
DislikedHi Soco, Take a look at the Charts below and see if they help... Notice how Selling Transitions into Buying and Buying Transitions into Selling.Ignored
Disliked{quote} Hi Steve Many thanks for your response. The charts are extremely helpful; I will study them to work out exactly where I went wrong. It looks as if you focus primarily on localised price action (in conjunction with the round number levels) rather than drawing out historical support and resistance levels - am I right in saying this? I've been tending to look to the left on my charts when I see some potentially interesting price action and letting that influence my decision making. As an example, in the charts I posted earlier, I saw areas...Ignored