Thanks but for me any failure to make a Resistance HH (on MY trading charts) is just another reason to short toward a retest of the last established Support (on MY trading charts). It's all about the environment each of us trades. Support and Resistance are relative only to the individual charts we trade and watch. They aren't relative to what someone else watches inside the same market. One persons Support and Resistance is another persons price bar spike.
I just thought that DB made at 10:26 was why you covered around 10pts. I guess you could of shorted again at 10:36 considering it never made a resistance HH off the DB
Hi everyone Please find attached todays levels. Always remember to use the numbers as a guideline for potential areas of high probability plays Always use a set up based upon your system to enter a trade. Good trading all
I use a 1 minute chart. currently researching sgare bars, but for the moment 1 minute for my trade execution.
Yes share bars. Typo. http://video.google.com/videoplay?docid=7065205277695921912 Very interesting viewing. A documentary well worth watching.
The Google link seems to be a two hour video about the evils of the fractional monetary system we live under. Do you have a reference to share bars? I can't locate anything. Jack