9/23 Price action

Beautiful price action today. how beautifully S/R lines are obeyed. Anyone not using them is seriously at a disadvantage. It's like guiding you through on a lonely road.

clear down trend and then sign of reversal mid day. couldnt get any easier.

Too bad everyday can't be like this.
 
The proper conclusion would be that S/R lines are disadvantageous since they "work" only 1 out of ~22 market days per month. :cool:
 
that is wrong. it worked yesterday and friday. it works everyday. u just have to see which ones r important and which ones r not. u can't draw 100 lines and expect everyone to be obeyed.

get it
 
Quote from ggoyal:

that is wrong. it worked yesterday and friday. it works everyday. u just have to see which ones r important and which ones r not. u can't draw 100 lines and expect everyone to be obeyed.

Glad I don't need subjective S/R lines...
 
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