Disliked{quote} Take time and read the first 500 or so pages of the thread, first 1000 pages even better. You should not worry too much about entering at the 50 or 00 levels. These psycological price levels are merely a line in the sand and trading only based on these is a coin flip at best, which means that you will lose money. It needs to be combined with other trading techniques you master (or must still learn), such as price action, currency strength, ... LuXingIgnored
I was askin for some experienced trader to clarify that point,and you are one of those for sure
I've just read half of the thread and I've been watching hundreds of my saved screenshots about Udine system
my findings are= stick to the 00 level
and I'm involved with Forex since 2008
my suggestion about Price Action for newbies are(= be aware of before entering a trade):
ADR
DayBefore High and low
Pivots
BigRoundNumber
DailyOpen
WeeklyOpen
Higher TimeFrame TradeLines
200 and 100 Daily Moving Average(very powerful)
Candlestick patterns
DO UT DES