Hi Davit, great thread btw. I think what attracted me was the simplicity. Ive been trading on a demo for a couple of weeks & completely agree that price action is what really matters along with knowng s/r levels. As you say PA is king. In the beginning like many trader's I was beweildered by all the indicator's available but thankfully realised quickly that all this data was only confusing. The truth is we don't trade to confirm which way the market is going, we trade to make a profit so PA has to be key.
I've read a little about pivot points before but thought it was another fancy s/r method that I could do without if I was able to spot them with the naked eye & draw my own lines on the chart if need be. Hopefully I can integrate this with my own 'little' PA system & become a better trader. Will update soon I hope with trades made.
Thanks again bro
I've read a little about pivot points before but thought it was another fancy s/r method that I could do without if I was able to spot them with the naked eye & draw my own lines on the chart if need be. Hopefully I can integrate this with my own 'little' PA system & become a better trader. Will update soon I hope with trades made.
Thanks again bro
who dares wins