Indicators show the past. Price Action "Indicates" the future.
"Right! thanks for giving me a better price, that's far enough! Let's continue down everybody! This is as far as it's going to go! At this price level I'm back in!" and then placed orders at that particular level?? Orders that threw the price down violently. A level that will STILL have orders waiting on the other side of it the next time we get back up to it. (A strong PPZ on the weekly chart will have more orders than a 1 hour chart PPZ and so on , of course)
Don't read the chart as a bunch of...Ignored
DislikedIf you're long:- Don't look for bar highs as such. Look for recent tell tales of where orders are sitting that will go against your trade direction. (For that matter, also do the same on the other side of your trade for stop placement reasons). These levels are where every time they get hit someone (or many someones) comes in and blows away the ground that was just made up. .........Ignored
Dislikedhasnt closed yet but knew Rac would be all over this, right
saw the 1hr pin/neutral bar by the way but didnt like it but if this closes like this then im all over it
DislikedI'm going to try and answer this simply, without ranting again. I bet I do though. lol
Bar high and lows in the past are reasons your trade could go wrong. A lot of them though are just weak levels....Ignored
DislikedJust got to my charts.
DislikedSomeone is paying attention...Ignored
PA of solid PPZ and fibs confl and lift off...?
And so on, and so......Don't you get bored talking about the same thing over and over again?
Flying is not meant for everyone.Ignored