The Simple Life...
I think I may have said it before, your journal is not only an enjoyable read but also a pretty good place for folks new to the combat that is trading, to hang out in & think about what really matters when hauling up a technical chart.
Wrapping a tight, extremely visible & well tested set up or two around support-resistance zones will always make ones life a little simpler & hopefully, uncomplicated.
To be honest, 1 decent set up will do it.
Identifying & recognizing the important s&r zones which come into play, whilst waiting patiently for your set-up(s) to trigger, is obviously paying you handsome dividends.
Sure, they don't all return a positive dollar ticket, & that will be for any number of reasons. But I'd sure as hell prefer to do my regular business in & around those zones of s&r (supply-demand) than slug it out in no-mans land with all the other hotshots & hustlers.
Good to see you've found your balance & it's keeping you honest
I think I may have said it before, your journal is not only an enjoyable read but also a pretty good place for folks new to the combat that is trading, to hang out in & think about what really matters when hauling up a technical chart.
Wrapping a tight, extremely visible & well tested set up or two around support-resistance zones will always make ones life a little simpler & hopefully, uncomplicated.
To be honest, 1 decent set up will do it.
Identifying & recognizing the important s&r zones which come into play, whilst waiting patiently for your set-up(s) to trigger, is obviously paying you handsome dividends.
Sure, they don't all return a positive dollar ticket, & that will be for any number of reasons. But I'd sure as hell prefer to do my regular business in & around those zones of s&r (supply-demand) than slug it out in no-mans land with all the other hotshots & hustlers.
Good to see you've found your balance & it's keeping you honest