OK, here's the deal.
I will only respond to questions that exhibit study has been involved.
Flipant Tell Me How and Tell Me the Quick Way, will be ignored.
I have my own opinions on what s&r is but 'am willing to admit that I still learn from others.[hopefully on a daily basis]
I don't trade Naked Charts. Never have and probably Never Will. I don't like leaving such events to my current state of mind. I build graphics and take my time doing so to ensure, to the best of my ability, that it is based in calm evaluation and judgement of the current situation. These are my hammers and saws. The tools of my trade.
Enough pre-amble. Let's get to the point.
The Market(s)are actually a living entity.
You push, I push back.
I get injured, You attack with more resources.
I take from you, You want it back, and then some.
Allies arrive and I storm your camp, You defend the "Keep" to the last man.
I have camped on your doorstep for 6 months or more and finally break it down. Do you expect me to wander in and say hello or storm through your cargo with triumphant zeal?
And so on...
Price action is, in fact, King. But that doesn't mean it can't be measured or observed with the use of a pretty coloured line.
I haven't used an MA based system for > than a decade. Too wishy washy soft and fingers crossed in hope that this will be the big one.
S&R = Milestones and I believe this is how the players measure progress or regress.
The attached image is 100% the result of my own observations of the health and wellness of {pick one} EURUSD.
I suppose the question I have is, Is it interesting enough to you to study it and become proactive or simply say "Draw enough lines on a chart and some of them are bound to be relevant."
ps. FF has been a major contributor to the education of Fresh Meat to the point that I would be interested to get a count on...
Trading FX less than 2 Years.
Still above Initial Deposit {or close to}
Member of Forex Factory Since...
pps. I changed the lipstick on the chart from what I normally use in an effort to ensure you could see it.
I will only respond to questions that exhibit study has been involved.
Flipant Tell Me How and Tell Me the Quick Way, will be ignored.
I have my own opinions on what s&r is but 'am willing to admit that I still learn from others.[hopefully on a daily basis]
I don't trade Naked Charts. Never have and probably Never Will. I don't like leaving such events to my current state of mind. I build graphics and take my time doing so to ensure, to the best of my ability, that it is based in calm evaluation and judgement of the current situation. These are my hammers and saws. The tools of my trade.
Enough pre-amble. Let's get to the point.
The Market(s)are actually a living entity.
You push, I push back.
I get injured, You attack with more resources.
I take from you, You want it back, and then some.
Allies arrive and I storm your camp, You defend the "Keep" to the last man.
I have camped on your doorstep for 6 months or more and finally break it down. Do you expect me to wander in and say hello or storm through your cargo with triumphant zeal?
And so on...
Price action is, in fact, King. But that doesn't mean it can't be measured or observed with the use of a pretty coloured line.
I haven't used an MA based system for > than a decade. Too wishy washy soft and fingers crossed in hope that this will be the big one.
S&R = Milestones and I believe this is how the players measure progress or regress.
The attached image is 100% the result of my own observations of the health and wellness of {pick one} EURUSD.
I suppose the question I have is, Is it interesting enough to you to study it and become proactive or simply say "Draw enough lines on a chart and some of them are bound to be relevant."
ps. FF has been a major contributor to the education of Fresh Meat to the point that I would be interested to get a count on...
Trading FX less than 2 Years.
Still above Initial Deposit {or close to}
Member of Forex Factory Since...
pps. I changed the lipstick on the chart from what I normally use in an effort to ensure you could see it.
Attached Image