1. KEY HOT ZONES (They burn like hot frying pan ;)) 2. DIRECTIONAL BIAS (Prevailing Trend) 3. PRICE ACTION REJECTION SIGNALS
Otherwise, Im beginning to close my mind totally to news. They are noise. Whatever the news conveys, proper price reading gives it away, plus, it gives energy to my trade. If Im taken out, tis simply a disturnbance in market, otherwise , trade should work fine with the correct stop and fixed dollar loss in place.
RED= Potential Resistance zones BLUE=Potential Support Zones
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Two-legged move test of BO point
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Two-legged move test of BO point
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IvanLabrie
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I think we even have a new mode in the weekly downtrend leg.