Thanks Niko
My plan says yes. A bounce at the midpoint through the SL and a retrace, so yes I would enter here.
Thanks Db, I'll try and be more precise in future.
Worthy of an entry ?
OK I see, this one ?. (Weekly) So this will act as more of a magnet to the larger time frame traders?
Sorry... 60 minutes
For better or worse I'm out now.
This one ?
And now [img]
My entry today, SL broken and bounce at 14. Entered at the pull back. Now monitoring DL's. Currently banging against the upper channel but so far...
OK got it, were just sticking to lines for now.
Isn't that a midpoint though, and we avoid trading at midpoints? Extremes are where we look for trades?
[img] Buyers have been in the ascendancy up until this point. However 3200 is an important level, as evidenced by the fact that it has...
Thanks Gringo, You are right, I looked again and this is indeed the midpoint of a range going back to the overnight session.
[img] Something else I've noticed while observing price, is the way sellers and buyers push price through the same potential...
Excellent, I'll be watching your thread. Have you put yourself through the first stage that Db recommends ? All the best.
That wiki entry makes funny reading, I think I like him already.
Thanks DB, will incorporate some of this and Gringos comments in my notes. I have a clearer understanding now than I had yesterday. I think...
Thank You Redneck
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