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    Support & Resistance? Why do some work and some not?

    http://prntscr.com/c9tz9z http://prntscr.com/c9tzn7 Some of them? I see them like that. Which rules do you see as curve fitting?
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    Support & Resistance? Why do some work and some not?

    They work because people are looking at the same thing. 1) http://prntscr.com/c9tk0y 2) http://prntscr.com/c9tkbj 3) http://prntscr.com/c9tl5z 4) http://prntscr.com/c9tlhl 5) http://prntscr.com/c9tltm 6) http://prntscr.com/c9tmao Some rules I figure out 1) Price must breakout...
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    Does speed of market/momentum actually matter?

    How about consolidations? These super trending markets where price keeps make new highs/lows are easy to trade, just buy/sell. I find that consolidations are hardest. I either take the extremes, or trade the breakout retest. A lot seem to fail, or have their ranges difficult to define
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    Who trades the tight ranges? Our job is to follow the big/smart money right?

    I am guessing no one trades it except intra day scalpers, retail traders?
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    Does speed of market/momentum actually matter?

    Thank you. But the 618 seems like the strongest rejection level of all?
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    Does speed of market/momentum actually matter?

    I find that it works 50/50, was looking if I can filter out more setups. 5 winners 5 losers, filter out 2 losers I am 5-3. So, what kind of pullback do you like?
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    Does speed of market/momentum actually matter?

    First of all I trade retests of breakouts, support resistance and trendlines. I had a theory and tested it, it is something like this. "I want a strong breakout and a weak pullback then I will take the trade." But does it actually matter? Because I find that a strong breakout and a strong...
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    Trading breakout, pullback question

    I know sometimes price retests, sometimes it doesn't. In this case how does one know to trade the first breakout OR the retest?
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    Trading breakout, pullback question

    Thank you, will do.
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    Trading breakout, pullback question

    Will do, thank you, any good resources you have? Or articles or anything??
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    Trading breakout, pullback question

    Jesus, Thank you man.
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    Liquidity Question (Buyers/Sellers)

    If all buyers bought everything from sellers, and there are no sellers left in the market, and no buyers want to take profits. Will price remain (stagnant at the peak) or drop? Or will it even change? Change to find attractive price for people to come in again?
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    Trading breakout, pullback question

    I have a question, you feed the weak hands their stops at retest, I understand that. What causes price to pullback and retest? What is the psychology behind it? And what is the logic behind the break of trendline, it becomes support/resistance? I am thinking it works because everyone is looking...
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    Trading breakout, pullback question

    I have been using a small account the past few weeks, mainly trading quick retests of breakouts, positive so far. But I ask myself this question whether it can be better? Especially a lot of times it is just a expansion consolidation instead of breakout and I get caught there, becoming a loser...
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    Trading breakout, pullback question

    Thank you, I have been doing pullbacks rather than trading the initial breakout, my thought is that it is a better risk v reward rather than trading the first breakout, or I can identify a false breakout if it breaks out fast, but pulls back at the same speed into my area of interest (which I...
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    Trading breakout, pullback question

    What do you trade then?
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    Trading breakout, pullback question

    FX here too. Which setting you use on BB? I've never used any indicators, only pure candles.
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    Trading breakout, pullback question

    That is true, I shall backtest 5000 patterns and seee how it goes.
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    Trading breakout, pullback question

    i have been trading breakouts, mainly consolidation ptterns, triangles, wedges etc. I always wait for it to breakout, retest the SR line, wait for some rejection and enter. I always get my ass handed to me when it is just a consolidation expansion, I always look for momentum from the swing leg...
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    What are the BEST thread/posts on ET?

    http://www.elitetrader.com/et/index.php?threads/25-years-100-million-profits-a-to-your-qs-today-only.113113/ I like this one. Also posts by Handle123 are gold.
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