I have added to the first post new info about Support/Resistance using Trend-0.37
How do we profit - ( Trend - 0.37 )
The aim of all analysis should be to sell or buy where you KNOW others will sell or buy after you.. The reason is their selling or buying will create the net order flow or bearish / bullish pressure to drive prices lower or higher, allowing you opportunity to profit . ( i just trade max 0.50 that will not move the market so we need large financial institutions to move the market ).
what is necessary here?
The analysis must focus on areas of trader decision . The 0.37 does that by identifying “Minor Resistance “ and “Minor Support” to profit also Key Support/Key Resistance etc . You could use any system that identifies these kind of important reversal zones.
The most effective analysis is not analysis of price but rather analysis of trader decisions.
Support and Resistance:
Support and Resistance are created by the decision making of market participants as they operate with in the environment of uncertainty.
Note that : People create Support and Resistance for many reason on the chart , it is very easy to put a line on chart and say “This is Resistance”!.. How about emotional response of market participant . ( Notice on 4hr Chart : 10.08.2023 High 1.28182 , there are emotions of traders, regret of missing out an opportunity or trapped traders in loosing position , can you feel it? ).
The said Resistance High 1.28182 is effective analysis of trader decision which was proven by last week 1.28000 ( you can see the reference sell forecast by myself using Bella's 0.37 ).
I just wanted to keep it short to touch on the topic of Support and Resistance using 0.37
How do we profit - ( Trend - 0.37 )
The aim of all analysis should be to sell or buy where you KNOW others will sell or buy after you.. The reason is their selling or buying will create the net order flow or bearish / bullish pressure to drive prices lower or higher, allowing you opportunity to profit . ( i just trade max 0.50 that will not move the market so we need large financial institutions to move the market ).
what is necessary here?
The analysis must focus on areas of trader decision . The 0.37 does that by identifying “Minor Resistance “ and “Minor Support” to profit also Key Support/Key Resistance etc . You could use any system that identifies these kind of important reversal zones.
The most effective analysis is not analysis of price but rather analysis of trader decisions.
Support and Resistance:
Support and Resistance are created by the decision making of market participants as they operate with in the environment of uncertainty.
Note that : People create Support and Resistance for many reason on the chart , it is very easy to put a line on chart and say “This is Resistance”!.. How about emotional response of market participant . ( Notice on 4hr Chart : 10.08.2023 High 1.28182 , there are emotions of traders, regret of missing out an opportunity or trapped traders in loosing position , can you feel it? ).
The said Resistance High 1.28182 is effective analysis of trader decision which was proven by last week 1.28000 ( you can see the reference sell forecast by myself using Bella's 0.37 ).
I just wanted to keep it short to touch on the topic of Support and Resistance using 0.37
Goddess of Thunder..
Buy Window = 1.25670 / 1.25340 Date : 17.08.2023 Price should Square Time on those levels . Bella's Blue {image}
