hmm.no edges in the markets

Money isn't an issue with me. However, I do know that a certain Price Action personage requested $50,000 as opportunity loss cost to participate in a 10 day combine in order to demonstrate in a controlled environment.

What's not reasonable about my request? The combine will work just as well, and I'll even fund it if needed.

surf

 

this thread has been deemed useless

 

If money isn't an issue for you, you should have ponied up the 50k if you were very curious.

 

Very nice, NODJ

 

Ok, R. Ras--- welcome back, my russian friend.

surf

 

Yeah PA around established S & R levels can lead to some great trades. Just a matter of waiting for price to come to those levels and then paying really close attention to how PA is trading at them. And, of course, it takes a trained eye to catch subtle hints. Not suggesting anyone can do this without the requisite experience.

 

Here's a chart with the triangle drawn:

 

I remember NoDoji posting along the lines of "I just trade support and resistance" and I had no idea what she meant by that.

Now I am beginning to know what she meant by that.

 

Yes, that's it! The patience to wait for price to set up at key levels and a set of rules for entry and trade management. The trades don't all work but the rules you come up with create the positive expectancy (hopefully!)

 

Trading key S/R zones while ignoring all else is much like stealing...