Anyone trading purely Support and Resistance get a 70% or high 60% win rate?

OP did not mention opportunity or the number of good signals/setups you get.

I dont think you can have high win rate, high risk to reward, and high opportunity.

That would be the 'holy grail' of trading and it doesn't exist.
Otherwise we would all be easy rich already.
 
gkishot said:
How are you trading them?
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a moving average, look for break of support/resistance, then enter on the pullback if MA above price for downtrend, MA below price for uptrend, otherwise I skip.

It feels extremely inconsistent tbh.
 
Cacophonie said:
I know @Xela trade mainly from S&R but I am sure she added filters (+ Experience).
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Guilty.


Cacophonie said:
I also trade horizontal levels but I don't really look backward.
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I go up and down some hills, and use a rear-view mirror and wing-mirrors.
car-smiley-033.gif



iamnewuser911 said:
Anyone trading purely Support and Resistance get a 70% or high 60% win rate?
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It doesn't matter. Absolutely no impoliteness intended at all, but (a) win-rates are only one part of the profitability formula, and (b) I strongly suspect, overall, that it may well be easier for many to make overall profit from a 35%-40% win-rate than it is from a 60%-70% win-rate, and if you read books like Van Tharp's Trade Your Way to Financial Freedom and Tushar Chande's Beyond Technical Analysis, they explain why, with examples. And in that sense, the answers don't matter much, because it's kind of a "bad question". Sorry!
 
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I trade S/R intraday with an extremely high profit percentage, but it's just one trick in my book ... you need context to judge them ...
 
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