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Good thread :)

Who will save us from ourselves? :confused: I wanted to say

Patience in everything, contact is nothing ... I do the same impatiance errors :mad: Why will save us from ourselves?:confused:

Hi Mark, very interesting what you say there! When you use zones, as far as I understand, you take the trading signals (your system) when it is in the zone? Not only because in the zone you have to trade? No signal in the zone - no trade? There is a signal in the zone - there is a trade...

I'd switch one timeframe deeper/lower and would trade the micro trend reversal. This way you see exactly how the trend reverces, where to enter and where to put the stop. If the stop is taken - then the trade is invalid.

Voila one Fib retracement from my latest trade, to be more specific.

Oooops, Buy near support, sell near resistance - I wanted to say, this is the conventional wisdom No 4, I guess ... How do you trade trending periods?

Buy near resistance, sell near support, this is the conventional wisdom No 4, I guess ...

After you define the S/R levels for the day, what fime frame you use for your set up and to enter/exit the market? Waht is your set up?

Go on and keep smiling I wanted to say ...:D :D :D

Hi f9, where did you see any accusations? Who is the paper trader there? I think that Mark made some very good questions and remarks. How to define the support/resistance levels - that's clear now. By visualizations. Whay is the OP's setup - whis will become clear. So the thread is a good...

Hi Mark, I think that you got my point to the top. With this and the next comment... Just repeating that the trading can be very symple is not enough. (BTW I agree with that. The difficult part is to get there) Cheers. :)

Hi ES, I can understand the concept of upper and lower levels of a consolidated area and how to trade this. But I can not understand the many levels during the trading day you use. That's why I asked you to put few screen shots.:confused: Now I can not understand one more thing: To whom...

Hi ES, I also think that if you show to the people how to use the horisontal S/R this will be of much more use. I have this problem myself. Of course everyone has to do its homework after that. That's natural. Showing some charts is not submiting a fish. There are two questions, I think: 1...

Hi ESReisstance, I also think that using and relying indicators is not very smart. Why? I think that the reason is that the markets non stop change their parameters. They trend, they consolidate, they change the period and the magnitude of the waves, etc. That's why the indicators can not get...

Very good agrumenttion Jay! :) :D :p

Hey, won't you destroy the market that way, as some people say? :D :D :D

I agree with you 100%! Also there are people in other professions who mastered something and are never willing to share this.

Then why people are so secritive?

Hi TradeZones, Thank you for the classification! I'm very interested - who will classify yourself???