Who trades on levels share their experiences - page 54

 
Aleksey Nikolayev:

By the way, did you make a lot of money on your post-compression breakdowns?

Look in your wallet, it doesn't matter
 
Vladimir Baskakov:
Look in your wallet

Same to you

 
Vladimir Baskakov:
So you haven't shown us any levels, how you build them, how you interpret them. What is the strategy, a pullback or a breakout. What indicators do you use, what timeframe do you use?
One topic, Mikhalych said.

You know, you're puffed up from your own importance, and the information does not come to you from outside. That's right, you trade there and yorgi, if you have a profit, start a new information in your head and you're done for... I was writing, you didn't see it.

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Who trades on levels, share your experiences.

Sergey Lazarenko, 2021.01.06 13:28

1) We identify the trend using extrema;

2) Each trend has key points, the beginning of the impulse wave, the end of the impulse wave, the end of correction;

30) Levels are determined at the key trend points;

4) Trade in the direction of the trend; if the trend is ascending, when the price is above, near resistance, then on its break, if the price went deeply down, PL from support, or if the price is generally up (above resistance), then on PL from resistance.

Key trend points (levels) are characterized by the change of the movement direction; the price at these levels often gives a strong impulse; therefore at ТВх from levels we put a small stop and when we hit it, the impulse occurs, we enter it with a big risk/profit. That's the idea, of course, but with my comments.


 
Sergey Lazarenko:

You know, you're puffed up from your own importance, and you don't get information from outside. That's right, you trade there and yorgi, if you have a profit, you get new information in your head and your trade is over... I was writing, you didn't see it.


I see, if people are paying money for the obvious, it means there's something to it. I can't find any other explanation.
I'd rather bet on a breakdown of resistance from the top down, it's more useful.
 
Vladimir Baskakov:
I see, if people pay money for the obvious, it means there is something in it. I can't find any other explanation.
I'd rather bet on a breakdown of resistance from top to bottom, it's more useful.

Here's a playlist about trends, and a book in the files, all about levels, breakdown, rebound

https://www.youtube.com/playlist?list=PL-DBT1tdxgGdpXEgvlDAOovRebhIRQsJ5

 
Sergey Lazarenko:

Here's a playlist about trends, and a book in the files, all about levels, breakdown, rebound

https://www.youtube.com/playlist?list=PL-DBT1tdxgGdpXEgvlDAOovRebhIRQsJ5

I read it, looked at your progress, wasn't impressed.
Somehow your Mihalych is smudging a lot.
 

Silver, intraday channel, good, equilibrium long enough to know when it will start to break


 

Euro/Audi, Breaking the lower boundary of the Downtrend


 

Euro/Swiss franc, an attempt to break out to the North


 
Sergey Lazarenko:

Euro/Swiss franc, an attempt to break out to the North


To whom and what are these drawings for, can you explain?