DislikedI do think last nights trading was a prime example of where support and resistance killed the system. A lot of pairs are trying to break through areas they haven't been able to break in months, but some of the trades taken were right at those levels.
If these pairs can break these levels though, look out! Could ride a nice long wave.
DavidIgnored
I agree with you that we should be looking at support & resistance before we enter into trades. I noticed several times we were entering at those levels when we should be waiting for the breaks or the rejections.