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Hey everyone. Supp and res will be pre determined until they're not. Be aware of higher tf's as supp and res have more relevance. For example your trading 5 min tf, you go long at support, price is180 but on the 4hr chart you have a major res level at 190 and all the supp res traders...

I was going to say that if you were making money then it would'nt be an issue..... forget about trying to get your spouse on side and get some education.

Anything wrong, hmmm, like another posted said, why did you enter? wheres ur tp? which ways the pressure? on which tf? All these question you should be answering......

the games are played on ALL time frames............

If you gave 100 people a few million pounds I wonder how many would have anything left after 5 or so years. I'd guess less than 3% good post btw

Knowing volume gives clues to where the market might go, for example, a price rising towards resistance on reducing volume would indicate a lack of interest from the people that matter.

Good stuff dude... I've been lucky enough to have a good mentor over the past couple of years and theres a lot to think about in the thread starters first post........

I suggest stop trading for a wee while until you've worked it out ....:)

Q. Does the market trade against you??? A. Yes

The games play out on all timeframes.......

smart money are the ones who know how the markets work. Emotions, mechanics etc etc.

voice your support for Tibet here.

Have you noticed that for the last few years most threads have been calling the top and then the DOW continues to rise. Now the tops in :) everyones bullish.........................

Any decent rallies I will be selling into.

hey no worries :)

I could'nt resist making a mild attempt at some humour, well it made me laugh anyway. 'when in trouble double' Any newbies following this thread by the way Please do not take this statement literally. You need your plan and that includes stops. EVERYTHING needs to be known...

I could'nt resist.....

when in trouble, double

Tom Great post my man, this quote from you is what tradings all about..... "the whole game is very psychological and intense isnt it" best of luck on your journey speres

If your learning and making a switch from stocks to forex be very careful dude. Forex is a different animal and only the very experienced can make the switch succesfully. Finding the right broker is the least of your problems.