it is also critical how resistance and support lines are drawn. lines horizontal or slanted. these are subjective but like all subjective things, used properly they can be extremely powerful. also the competition does not have a clue about this
the market keeps changing any time it likes so it is important to keep reevaluating the market every bar. because buyers and sellers can change their bias at any time.....be on guard.
Dear Padu, You are so far off from what it takes both conceptually, and strategically to be a successful trader that I highly recommend you stop trading for good. You don't have what it takes to trade successfully. No big deal. We all are good at different things. The market is not one of those things for you. I don't want to see you continuously lose money. Your problem is you are highly delusional and you just don't see it nor do I believe you ever well. Please stick to SIM if you are going to trade at all. Or buy a lotto ticket if you want to get your gambling fix in.
Padu Sport betting or poker online is more fun, and maybe you win some few $. Trading is not for gamblers like you.
interesting comment there are concepts and concepts in trading.....and you know where i am in all this...