DislikedYes, it did work out well and I learned a great deal from it, not because it worked out, I would have learned equally as much from it had it failed.
That is it isn't it, trial and error and learning as much from the errors as the successes.
Thanks Jim
Interesting question someone posed about this methodology being different than the norm in this thread.
I used to think the same but recently have come to the conclusion that it is actually the very same thing.
That being resistance turning to support and Visa a ViIgnored
Check out this post (chart) from James16 back in Jan 2010
Then look what happen a month or so later . . . .Jim got what he wanted . .BUOB at a confluenced PPZ level . .nice. . .(chart 2)
Indicators show the past. Price Action "Indicates" the future.