Would anyone like my support/resitance levels for today?
I've got about 63 support levels on the way down but only 47 for resistance.
I'm expecting for price to bounce off some of them and will trading accordingly, ie getting myself very confused
I bought at 1.5633 (5th Feb) with a 50 pip sl, looking for a 500 pip move or so...
Personally -no thanks, as you are obviously taking the p1ss and what was quite funny yesterday would be tiresome today. You are totally missing the point in doing so- there are bids and offers at every price level on the price ladder- it is their imbalance that causes price to move and what the aim of many of us that take notice of them and tech levels historically proven to cause such is based on is guaging where the most obvious and largest near-term imbalances may be (confluence) for the purposes of assessing whether a continuation in prevailing price actionor a pullbacks/reversal in prevailing price action is the greatest probability.
G/L
short 52.8
Long 1.5715.
Tg: 1.575
out for -27.2 grr
Here how it is done , 33 shorts on a demo :cheesy:
No confidence with real money ?
I am trying some stuff before applying it on real
Something new you learnt, huh ? Good man.
Still, it seems suicidal to go against vertical up days. I reckon the swing high 3 days ago will be knocked out today.
Thats the whole idea of testing , should test in different market conditions ...
Well, if your demo trade had been real, they could well have taken your money.