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

It feels extremely inconsistent with that kind of win rate, which I am having.

 

Any hints or clues or tips where I can follow and figure it out myself then?

 

you need multi-timeframe analysis

 

Higher time frame trend + lower time frame trend confluence?

 

nice try, but it's not quite that ...

 

this is the give me give me generation. it occurs numerous times on ET, just different posters.

 

Slower market speed = less confidence in short term levels.
More volatility = higher confidence.

There are many other factors involved that you must filter your decisions through for S/R to have true value.

 

So a faster price approaching the level is preferred? I was wondering if slower speed was preferred since we want to see less people buying/selling dropping off as it approaches the level and weakening, then easier to reverse.

 

You need to check out this thread:

https://www.elitetrader.com/et/threads/fully-automated-futures-trading.289589/

He seems to be trading breakouts. Maybe you get some ideas from it.

 

Thanks, was thinking to start my own "Daily Chart analysis" thread.

EDIT: he doesn't post any charts? Damn it