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Sorry for the poor lingo. I should have said it bounced. I attached the pic from where I pulled it from. I started with a 15 day 60 min scale to grab levels and found it to be a weak one on that scale. When I dropped it to the 5m 4 day scale to confirm my points, it was a bit more clear and...

Those taps on the 953.5 mark worked really well this morning. It worked as resistance and then came back up and worked as support. How do you really narrow in the tick. I initially had my own level of 953.25 which would have cost me, but that .25 tick difference would have made me money...

Thanks. I will try that scale. You answered my question before I finished my last post. :)

I see. I pulled it from a 1 min 2 day chart. I wouldnt have seen that on the 1 hr 5 day or been drawn to it at least? I must be looking to far back to pull my levels. What time scales are you using Preach? The levels vary so much from a 1 min chart over 2 days to a 1hr chart over 20 days.

I do the same thing. Mine came out as follows. I guess I get stressed out because I dont see where the other 5 or 6 that I missed come from on his chart. I try to use the 1hr 30-40 day time scales and then look to pinpoint on a 1m or 5m over 3-5days Mine ESR 923.51...

877.50 worked well at that trade today, but i just looked back to see where it makes sense as S/R and I didnt see it. where did that number come from?

840 looks like an R to me, but it isnt on ESR's list so I am trying to see where I am missing my points.

Did anyone else plot the lines for today that were sent out? I thought I had the S/R approach down, but when I went to plot them today, I could only see two or 3 that made sense with the way I was doing it. The one near 897 and 894 made sense because of those 2 wicks that stood out on top of...

Potential Lightbulb I have been practicing to figure how to get the S/R levels ESR uses. I have been testing over and over and I think this is the best way to come up with a good portion of his lines. 1. Look at a 4hr chart that is around 15 days in data and pick out the very obvious...

Oct 23. I used a 1 hr chart and went back about 4 days.

ESRisistance pointed out an error I was making, so here are the adjustments for Oct 22 on a 1hr chart. I started with a 4hr chart looking at about 7 days worth of data and then confirmed on the 1hr with 7 days and then took it down to 2 days.

No offense taken at all. I was under the impression that PP could vary like R/S even though both can be calculated. Am I wrong? All suggestions are greatly appreciated.

2nd chart

Here are the two charts for Oct 21. I used 1 weeks worth of data on a 1 hr chart and a 4 hour chart. I have the following 1hr chart / 4 hr R1 - 993.65 PP - 941.75 S1 - 879.27 I started with the 4hr, picked the lines and then confirmed with the 1 hr. I am open to any suggestions on...

I am writing this journal to document my trading as a complete newbie. I decided to pick up and learn trading about 1 month ago and have been researching non stop. I have chosen to start with ES and will base my style off of ESResistance and BRV's info on another forum. It seems to be the...