Hi everyone Please find attached todays levels. The S/R numbers are in the black column, the MP, Pivots, Fibs and summary are for confluence and information. 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
Thank you for the reply. The wick tips definitely add more levels. After some simming today it's confirmed that entering at S&R has the advantage of putting you closer to your stop and leaving more room for profit than does chasing price. Here are my levels for practice...hope there aren't too many. I'm trying to learn to create the worksheet. One thing I didn't pay attention to was the news or the time of day when reversals might occur. I'll try to keep track on the days I'm able to sim and possibly add them to the worksheet. Thanks
Hi everyone Please find attached todays levels. The S/R numbers are in the black column, the MP, Pivots, Fibs and summary are for confluence and information. 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
LOL! I thought the exact same thing. Any suggestions on how to arrive at the more meaningful levels? My practice seems to be getting worse. Thanks.
It does look like a lot. But if you look at y axis you will noticed the lines are in a 250 point range! thats a huge range! They are spaced about 5-10 points apart, which is normal. They catch most of the major points, a few are redundant but all in all a good effort. Guys if you want me to help you analyse your chart best to send them directly to me, rather than putting them on the thread. Keep up the good work Snaggle
Hi everyone Another historic day is about to unfold. I dont have any futures levels below 837.00, and for some reason I dont have SPX data on my TS, trying to sort that out now. I would reccomend using the SPX for levels if we break lower. Please find attached todays levels. The S/R numbers are in the black column, the MP, Pivots, Fibs and summary are for confluence and information. 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
Goodonya ESR, you're a bloody champion! I'm learning heaps from you and all the good people on this excellent thread. Please keep up the good work! If I'd had the balls to take your 841.50 level this morning, I'd have been doing backflips! I'll get there..!! Catchya, Preach