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dazzdude replied Apr 13, 2012Trading with Deadly Accuracy — My favourite thread... Trading with Deadly Accuracy.
Dazza's Trading Journal
- dazzdude replied Apr 13, 2012
Just checked my swissy levels... pip perfect. (were not traded - was probably too busy posting). But you can see how important knowing where price will find support and resistance is.
Dazza's Trading Journal
- dazzdude replied Apr 13, 2012
Follow up in post 39. Entry price missed by a few pips, but the idea of the short worked perfectly.
Dazza's Trading Journal
- dazzdude replied Apr 13, 2012
Lets recap Euro... this is what this series of posts was all about.
Dazza's Trading Journal
- dazzdude replied Apr 13, 2012
Look at this simply weekly chart. Expecting the weekly high, what can we do?
Dazza's Trading Journal
- dazzdude replied Apr 13, 2012
Nothing is a sure thing... you just have to go with you see and trade it accordingly. New Wave?.... only time will tell.
Dazza's Trading Journal
- dazzdude replied Apr 13, 2012
Kiwi, price is trapped. Sell at resistance is a small risk, high reward.. Scale out back at the support.
Dazza's Trading Journal
- dazzdude replied Apr 13, 2012
Monday's range. It does not have to happen, but its handy to understand the natural tendancy of price movement. Note that price price not need to bounce off the level, it more about coming back. It will often break back in. Can be used as a target.
Dazza's Trading Journal
- dazzdude replied Apr 13, 2012
In my humble opinion, there is nothing more important then knowing where price will find Support and where price will find Resistance. If you are looking for the holy grail of trading, that would be it. Wmd is the best S/R trader on the planet. ...
Dazza's Trading Journal
- dazzdude replied Apr 13, 2012
Don't over trade. One trade is enough. This is today's trade.
Dazza's Trading Journal
- dazzdude replied Apr 13, 2012
Now lets take a look at the level on the 1 minute chart.... interesting isn't it.
Dazza's Trading Journal