Disliked{quote} Cheers, Dusky I am basically a naked trader as well, but since I picked up Beat the market maker by steve mauro along with set of indies, I noticed the indies do have some uses, so kept them =). However, I do prefer to trade naked...Because i had a thought before "What if suddenly the indies don't work and its disabled/updated by the creator?" The answer I came up with with is NEVER DEPEND ON INDICATOR for ENTRIES or EXITS. The indies are just references for you to make decision upon =) But the level you mentioned, I see as a level to go...Ignored
Just some thing to point out here, take a look at the H4 EUR chart I put up again, there is no mention of taking a long trade, what I said was quote ( then a new decision is made )
At the time of posting I had no idea which way the market was going to take when it reached my forecast, yes the market is clearly peaks and troughs high so likely
will continue but that is all that should be read into it.
You have made a classic human assumption, perhaps from viewing my previous trades or chart misinterpretation or what ever.
Thought I would point this out as it is a classic which all of us are prone to, and would certainly have influenced your future decision making process.
Do not take this the wrong way, it is meant to open your mind.
As the market has a habit of biting all of us in the bum from time to time.
keep an open mind at all times and plot all your forecasts on your print outs.
Cheers