Support and resistance
Good evening John
I know I can hear you thinking this girl needs to get a life. True true. I did have fun today and I came home to an empty flat and crap on telly. I was itching to learn more about support and resistance and have read the threads on T2W which are brilliant and then went into VT and drew S+R lines onto the charts for the 1, 5 and 30m charts. What an eye opener. Darren speaks of getting into trades with a minimum of risk and looking at my lines I can see where to get in and risk very little and where to think of getting in. I can see so clearly now I get I way too late. Interestingly my s + r lines are mostly around the 0’s and 00’s or within 10 pips of them. Adding trend lines further confirms what you’ve taught me. I did some reading up on the MACD and again found I use it too late.
I’ve never used the S+R lines properly despite putting them in to identify channels but I’m slowly getting an AHA moment. Keep them coming and I will win at trading.
Getting there. Off to bed more than likely to dream of charts and entries and exits
Good night
Desiree
Saturday, 27 December 2008
Subscribe to:
Post Comments (Atom)

No comments:
Post a Comment