Look ammo--your feathers are ruffled... I get it... however--you really should learn how to not take this stuff personally. You continue to...
ammo -- what are you rambling about here? Your post is practically incoherent.
Ammo-- once again-- I am not talking about "floor trader pivots" or the like which are derived from mathematical equations involving high low...
Oracle-- do you have a formal written trade plan? Also-- have you read Trading in the Zone by Mark Douglas? That book literally changed my...
Congrats. Just think of the additional profit you would've made if you entered full position at the highest probability locations instead....
Well-- speaking of pink elephants... did you know that... :-) Just a little levity here for the proverbial ruffled feathers here...
Congrats on the profit... that's why we do what we do! :-) The key point here is-- you have summed up the essence of why averaging down is a...
So when they don't work-- have you come to any reasonable conclusion or common denominator in a high % of cases that pinpoints to a high degree...
I am not referring to "floor trader pivots" ammo.
Slave-- you aren't getting it. My trigger is based on supply and demand and the hard right edge. My zones are mapped on a 15 min time frame....
Ahhh yes.. the sarcasm continues.
By the way ammo- trendlines are extremely subjective. You provided a chart where it appears that price hit the line perfectly and then reversed....
Satmir - who is this directed to... and what is your point?
No it is not false. While a trendline may have a high probability of acting as strong support or resistance... it does not provide a reference...
Ammo- I just referred to "zones"... which are not absolutes. I am on the same page with you... high probability "areas" if you will. The...
Absolutely. I would contend however that significant levels more prominently visible on the larger timeframes have more weight... and that...
Dustin-- when I speak of supply.. I am referring to resistance. However when one thinks of resistance-- they think in terms of absolutes....
Shanb, I take no offense... I find it comical to say the least however your deduction. I am a full time directional options trader. I trade...
Gotcha.
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