DislikedOne thing I could never understand Kenneth is when these levels are created , how is it that you can assume that there will be additional sell orders for supply orbuy orders for demand when price moves back to these levels?Ignored
This is why you are looking for a short time at the zone and a strong move away. Both indicate but not guarantee that there are unfilled orders.
Today I had a couple of pending orders get triggered and stops hit with the news flash from
Merkel & Hollande say they'll do anything to protect euro
I am getting tired of these central banks doing this stuff. The disadvantage of pending orders at times
Illegitimi non carborundum - Noli pati a scelestis opprimi.