DislikedAlready watched it ... excellent again. I am glad you covered that area as it affirmed that I read it correctly myself.
I posted this question which you may have missed on the forum as it is a few pages back now - I would be interested in your reply?
Thanks,
Gareth
Following the first video I have a question ... probably a difficult one to answer
a) In the PDF you mention being wary of levels that have " been sloshed about too much" as this may weaken them
b) In today's video you look out for levels that "have been hit a few times" to add strength to them.
I realise there is probably a fine line between the two, but can you throw any light on to the difference between these two cases please?
Ignored
When you see a level get hit, in recent history, over and over agian, and getting "sloshed" around as I put it, its usually an indication that its becoming weaker, and therefore, not as safe to play a bounce off of. Like taking this GBP 1.7450 level, price is currently trading above it. At this point, after seeing the level get hit over and over agian over the past day or so, I wouldnt be inclinded to buy off of it. In fact I would probably be looking to sell a downside breakout, perhaps. It will be a little "fatigued" I suppose, at this point, if that makes sense.