Support and Resistance Zones Service

If you need a service to tell you where S/R levels are, then you probably shouldn't be trading, in the same way that if you need a service to tell you what the traffic signs are that you probably shouldn't be driving.
 
Frederick Foresight said:
If you need a service to tell you where S/R levels are, then you probably shouldn't be trading, in the same way that if you need a service to tell you what the traffic signs are that you probably shouldn't be driving.
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Thank you Frederick,

I appreciate the honesty.

Thank you,
 
SimpleMeLike said:
Hello,

Does anyone know of a service that offer support and resistance zones for futures, such as ES? I was using www.pivotfarm.com, but looks like the service no longer exist.

Thank you kindly,
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My advice :
Do it yourself !

Because of strength differences.
Thanks to confluence, concurrent levels.
If you don't do it yourself then you won't know.
What S&R is worth how much attention, trials, money.
 
K-Pia said:
My advice :
Do it yourself !

Because of strength differences.
Thanks to confluence, concurrent levels.
If you don't do it yourself then you won't know.
What S&R is worth how much attention, trials, money.
More...
Thank you so much K-Pia,

I am currently reading all of dbPhoneix threads and bought his book related to Trading By Price or SLA method

You are right, I can study and draw my support and resistance daily.

Thank you,
 
SimpleMeLike said:
I am currently reading all of dbPhoneix threads and bought his book related to Trading By Price or SLA method
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He has been repeatedly discredited on ET. Not saying you can't learn from him, but I personally wouldn't go that route. Whatever route you take, there are three major barriers to overcome:

1. Knowledge of market mechanics

2. Properly quantified edge

3. Knowing yourself

It's hard to say which one will hinder your progress the most. Regardless, unless you want to research and study nonstop for at least two years, your odds of making it are zero to none. This isn't a business for the casual mindset. You need to be EXTREMELY observant. I can't even count how many people have approached me asking how they can learn to trade. Out of the 100+ people who I recommended a couple books to, not one of them took the initiative to buy them. They just want easy money, but no interest in learning anything
 
profitlocker said:
He has been repeatedly discredited on ET. Not saying you can't learn from him, but I personally wouldn't go that route. Whatever route you take, there are three major barriers to overcome:

1. Knowledge of market mechanics

2. Properly quantified edge

3. Knowing yourself

It's hard to say which one will hinder your progress the most. Regardless, unless you want to research and study nonstop for at least two years, your odds of making it are zero to none. This isn't a business for the casual mindset. You need to be EXTREMELY observant. I can't even count how many people have approached me asking how they can learn to trade. Out of the 100+ people who I recommended a couple books to, not one of them took the initiative to buy them. They just want easy money, but no interest in learning anything
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Thank you Profitlocker,

I am highly interested and I have very acute detailed mind.

Not interested in making money now, just learning and preparing now.

I will PM you now as I think I may be on the wrong path forward for learning my learning.

Thank you
 
profitlocker said:
He has been repeatedly discredited on ET. Not saying you can't learn from him, but I personally wouldn't go that route. Whatever route you take, there are three major barriers to overcome:

1. Knowledge of market mechanics

2. Properly quantified edge

3. Knowing yourself

It's hard to say which one will hinder your progress the most. Regardless, unless you want to research and study nonstop for at least two years, your odds of making it are zero to none. This isn't a business for the casual mindset. You need to be EXTREMELY observant. I can't even count how many people have approached me asking how they can learn to trade. Out of the 100+ people who I recommended a couple books to, not one of them took the initiative to buy them. They just want easy money, but no interest in learning anything
More...
Thank you,

I'm very serious trader. Beyond serious. I'm laid off engineer for now cause drilling for oil has slowed down in texas. So attention to detail is a trade for me. But I been in and out of es trading for 3 years now. Now I want to start anew. I got nothing but time now.

What do you mean discredited? Please please share information regarding his teaching cause right now his book is all I read and I don't want to waste time on something that's negative reviews. PM please. I don't want to start no trouble here.
 
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