Yes..start with $10 intervals..or 10 points for MES..note that I said MES and not ES..only a real idiot tinkers with the ES..forget all the hype talk about big money..your goal..as a plebiscite..should be to take small amounts of money..consistently..and ignore the gobshites if u use MT5 you can draw these horizontal price lines automatically..I would say many other platforms have this feature also.. The goal here is to train your brain to react..not to overthink..or in other words..procrastinate..after all..the question to ask yourself is simple..do I want to talk about everything with everyone..or do I want to make some extra money for very little effort..of course..the very little effort only comes after many experiences..and that is very OBVIOUS
Don't waste your time..not required..I know..as these images were put up as links to online hosting sites..like I said..what do you want to do..talk about everything with everyone..or make some extra money..and there is no shortage of idiots throwing away money every single day..just make sure that you (general statement) are not one of them !!
One does not have to be able to predict anything..but one needs to know how the market being traded works..BUT..this does in no way mean that one has to try and copy what others are doing..AND..in most cases this is not even possible !!! Take the so called black box trading (showing my age now as there are probably a load of new fancy AI terms now)..trying to trade like these auto traders is impossible..It just won't happen..as.. "You can't make a silk purse out of a sow's ear" Unless one realizes that 99% of the information out there does nothing but suck the suckers in.. then..need I say anymore.. First step is the "realization" that you are only a plebiscite..a small cog in a very big wheel..but once you realize this..and change the way you think..and STOP wasting endless hours on nothing but shite..then..do not expect anything unless you change your ways..if u continue with the shite...then all u can expect is misery and probably an earful from the wife..for throwing away money that she could have spent on making herself look younger
@M4-1 Man..., you haven't changed a bit! You immediately trashed our hope of providing us with some new clues... But ok; round numbers - I'll give it another look!
This is a clue..but nothing new 565.63 - 565.39 = 0.24 The horizontal lines are never exact price targets..but indicates areas of extreme interest.. which can..and do..turn into low risk trade areas !!! Put up lines every $5 on the SPY and use them with multiple time-frames..AND..for those who are too lazy to think for themselves..you don't need horizontal lines every $5 on the higher time-frames..do it and u will see why
Of course..don't see what u want to see..just observe and react..and react some more if required !!!!