More Price TA... and if you give me any shit on this, I'm going to say "go fuck yourself"!

[Scataphagos]

Notice how just as many S/R are broken as held.

100% INCORRECT!! You get a GFU... "Go Fuck Yourself". You won't see it, but others will.

 

[hilmy83]

This is classic "Resistance". Only a fool would question...

Price TA...
"Buy Support
Sell Resistance
Chase breakouts
Trade with stops..."

I've brought it to the board's attention at least 100 times!

View attachment 344654

It doesn't matter what you think, hope, fear, analyze, want, wait for, etc... it's "all in the chart". TRADE WHAT YOU SEE AND DISREGARD ALL ELSE!!

That's "Price TA". KISS, baby!!

If you still "don't get it", likely you never will!!

(For those who want to give me grief on this, FUCK OFF! This chart is FACT... not subject to question.)

If you benefit from my posts, you can show gratitude by donating a few $$ to a local no-kill animal shelter. If you don't know of one, you can check out "The Max Fund", Denver, CO. They are swamped with dogs and cats that need homes and can use whatever support you care to provide.... and for which they and I thank you!)

I think I'm getting it! Thank you so much for your continued guidance

 

[Scataphagos]

I think I'm getting it! Thank you so much for your continued guidance

View attachment 344663

This is a good post! You're showing the DAX... and it's fact... "Price TA works in ALL MARKETS... AND ALL TIME FRAMES" (There are also a few others on that chart that you didn't highlight). How can that be?? Because it's showing where buying and selling changes from one to the other. Doesn't matter the vehicle... stocks, bonds, gold, oil, mop squeezers! All the same.

 

[Scataphagos]

This is classic "Moving Average system". Only a fool would question...


View attachment 344657

Moving Averages work to a degree. The ones most followed are the 50 and 200 day. When they act as support/resistance, they are actionable.

 

[MACD]

Thanks @Scataphagos -- for what may be the best thread on this forum for understanding S/R and how "Just the chart" is all that is necessary. Many have posted similar threads But your presentation is clearly the Best. Will make the donation and hope others do as well!

 

[hilmy83]

 

[Scataphagos]

Thanks @Scataphagos -- for what may be the best thread on this forum for understanding S/R and how "Just the chart" is all that is necessary. Many have posted similar threads But your presentation is clearly the Best. Will make the donation and hope others do as well!

My heart soars. I currently have 3 dogs... have sometimes had 4 or 5. Thanks from all of us, past and present.!

 

[MACD]

BTW @hilmy83 (https://www.elitetrader.com/et/members/hilmy83.511045/) seems to be a good one to have on your team of followers as He appears to be dangerously Well Armed.

 

[schizo]

I would rather "go fuck myself" than to read this after-the-fact BS.

 

[p0box4]

Still waiting for the day that you start a journal with live calls instead of just some hindsight drawings every now and then, or show some actual executions on your charts.

Everything after the fact is worthless.