Institutional traders are nothing but eating retailers 
- #31
- Edited 3:02am Nov 11, 2011 2:36am | Edited 3:02am
- Joined Feb 2010 | Status: Trader | 1,167 Posts
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DislikedSome nice live entries.
I don't trade pure S+D but the areas always feature in my trading. Do you have a set criteria for the "reaction" you look for? i.e a set number of pips for it to bounce away before you pounce?Ignored
DislikedI look for Pin bars , spike candles , engulfing bars etc before entering . I dont set number of pips as u say .
Longed ejIgnored
DislikedPretty similar to how I use S+D.
I do look for confluence with the zones and other key technical levels + volume and if there is enough going on, i'll take the touch rather than waiting for a candle signal. Also, if it's a clear market top or bottom with a ultra rapid and sharp rejection, I usually find a touch of the lower S+D line is a safe trade.
Yes some are good i agree
Like the clean charts mate, trading doesn't need to be fussyIgnored