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- tradingteach replied Dec 19, 2012
If you are trading when a s/r beaks and then you are getting in nice and tight on a retrace/retest of that line, there are two options. Either just under the previous H/L or using the previous S/R - one is far lower risk exposure, the other it's a ...
- tradingteach replied Dec 19, 2012
I totally agree with this. I use no indicators at all and trade solely on the price action (support/resis) and I do well. I tried all the indcator systems, and failed epicly with them. Felt like too much noise for me.
- tradingteach replied Dec 19, 2012
I personally think you would geet on better trading on the bigger time frames, 1 hour charts or bigger. Trade on closed candles only and focus on support/resis
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