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  1. P

    From support to resistance

    in trading be polite. allow the other fellow buy or sell first. do not be a leader, a genius,..be a follower.…..
  2. P

    Where is the money coming from?

    I have no clue bout Dow or S&P only that it is massively up for the last few years...….the main thing as everyone knows is the trend.....it does over extend sometimes...….but it is only thing that matters if you are a trader. if you are an investor a rather simple way is to check price to...
  3. P

    From support to resistance

    what I meant to say is that the only thing that matters is the trend..... everything else is just a distraction
  4. P

    From support to resistance

    develop a feel for the market. if you spend enough time trading you develop a feel for the market...…. i am not a big fan of things like probability risk......i have found human beings far more risky than markets.... but you need a feel for the market.....you cannot apply rules, formula....if...
  5. P

    From support to resistance

    my method is my method. i am still perfecting it. identifying leakages and stopping them. my biggest leakage was trading eurusd. i still blow accounts...…….that is why now i have stopped trying to follow market all the time. i stay out of market more now. my metod is more about watching...
  6. P

    From support to resistance

    to be fair to bone , he has a point...……... if there is strong trend up ….then it is better to be looking to buy. in historical charts it is easy to say..... you sell at this resistance and you close here. it is also pertinent that all these trades would have needed to be scalps to be...
  7. P

    From support to resistance

    what does the range signify ? if you have rapid emotional moves up and down it means confusion...…..if you trade when there is confusion, you will get confused. you have to realise that and allow for it in your trading plan. the market will test both ways, which is another way of saying it...
  8. P

    From support to resistance

    I am sharing my experiences....not teaching or coaching. all good teachers do this ….they do not teach....they share their experiences.... their knowledge
  9. P

    From support to resistance

    yes if range is big but it is not necessary to trade everything, every pattern......I prefer not to because trading ranges turn into trends or trends turn into ranges ...and it is really difficult to be trading during the change over..... I have learnt it is better not to trade difficult...
  10. P

    From support to resistance

    a range is not a where you can draw two parallel lines..... .it is defined by the certain type of price action in that area
  11. P

    From support to resistance

    if you believe I am a donkey...and I bark 'BOW BOW' ….but you will say: ' see I told you he is a donkey' observation is more enlightening than belief. observe follow the market. you have to know the mood of the market....is it ranging or trending. what is the characteristic of ranges: is it...
  12. P

    From support to resistance

    yep agreed
  13. P

    From support to resistance

    markets are total psychology. when I started I was confident but did not know anything. now I know a lot but ionically I am not confident. I have been doing things in reverse...... and if there is any weakness the market will exploit it. that is why I have been losing continuously even...
  14. P

    From support to resistance

    that may be good thing......I do not say anything useful.
  15. P

    From support to resistance

    the Bl$%dy thing has to move …..if it does not, then even the best trader in the world looks like an idiot.
  16. P

    From support to resistance

    usually the same instrument will do the same thing over time: you say it respects it. some other instruments may also respect it but after overshooting a bit, trapping some before gleefully racing off in the opposite direction. observing each one would be advisable rather than expecting something
  17. P

    From support to resistance

    rather than think of S/R as walls, it is better to see how prices react to it, coming close to it. does it race and then retrace by a larger amount? does it race and retrace by a small amount and spend time around the level?. does it crawl up and hang around the level ? crawl and retrace by...
  18. P

    From support to resistance

    also I traded only eurusd for 13 years that was my biggest mistake especially since I was losing I thought if I spent more time I would get to know it better. wrong..... insanity is doing the same thing over and over and expecting different results..... I hope you and others do not make...
  19. P

    From support to resistance

    me too But our way is much harder to learn, it takes time ...but I do not like to compromise and go on short cuts.
  20. P

    From support to resistance

    onths I used to hold position trades for 4 months but sometimes be without a trade for 4 months. that is why I got into day trading but it has been hell took me 13 years before I got anywhere. the opportunities are immense, the cost of entry negligible...... so the competition is intense
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