Are there rond numbers/pivots/ S/R where price almost always bounces away?
In FX is there always a counter party to all trades? 3 replies
Which pair always returns to same price 11 replies
What is difficult almost always proves itself to be right 3 replies
Pivot point reference point? 7 replies
DislikedYes. As with any organization that tracks profit and loss, there is an equilibrium point where you break even. Forex is supply and demand of money between countries and so, yes, it most definitely has an equilibrium point. It requires business analytics though. I have no idea what round numbers, pivot points, or s/r has to do with it, or anything for that matter. Those methods just draw lines around historic prices and have nothing to do with current or future market flow, unless you think the market is just going to stop moving when it hits some...Ignored
Disliked{quote} Sorry you think it is fiction. You have obviously never worked in management of a business before, so have no idea what I am talking about. No problem. I don't have much use for price action nor money management. Price action is candlestick trading, right? It is different from one time frame to another, so utterly useless. Ancient hocus-pocus for the desperate who don't want to do it correctly. No problem though. If you think it is an "edge" and you think you make profit, then good for you. I respect you, but your analysis is garbage, obviously,...Ignored
Disliked{quote} WOW. LOL. Price action people are always so sensitive, and poor. I realize you have no idea who you are talking to, so I will have to just let your trash talk slide. Sorry for your loss, your disrespect, and your disbelief. Your problems are not my problems. Have a good day, and Good Luck.Ignored