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    Indicators are liars! Support and Resistance Trading for the S&P emini

    My friend... You don't know how much I understand you... I also have similar family issues... Except cleaning and cooking fortunately! But I have two little kids (3 and 5) and a wife who is not always at home. So you exactly know what kind of requirements have kids nowadays!! Back to...
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    Indicators are liars! Support and Resistance Trading for the S&P emini

    Yes Cunparis! We're cousins... I'm in Italy. For the moment I'm just papertrading but I'm very next to start with real money. I've been practicing for around 6 months and my equity line seems to be now in decent grow. Cross fingers... :p I believe we have many nice opportunities in the...
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    Indicators are liars! Support and Resistance Trading for the S&P emini

    Thanks guys for your opinions regarding line vs. bars/candles as best charting visualization for S/R purpose. Clear enough your reasoning about spikes role in tracking extreme price areas. So I would like to submit you a real example... I enclose yesterday's 2 hours chart of Euro Stoxx 50...
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    Indicators are liars! Support and Resistance Trading for the S&P emini

    I have a question for ESR... :D In drawing supports/resistances what kind of charts are you using, bars/candles or the continuous line?!? I believe that for this purpose the bars/candles chart can be tricky because of so many spikes, while the simple line is much clearer in locating S/R...
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