Who trades on levels share their experiences - page 68
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like this
But no, the market supported the upward momentum, the 10% stop on ATr kept the position open, now all that remains is to see what the risk/profit of this TWh will be
Look, a retest or touch of a level is just an increase of the significance of the level, a sign that it exists and that the market has noticed it, but this is only the beginning, it is absolutely important in what state the price reached the level, only by this state you can decide whether to trade breakout or breakdown.
But it's different from guessing, isn't it?
Vit_Muz_ATR_Indicator_Ver_2
Added gaps accounting and removed brakes.
Accepted, will review later, thanks!
Hot Finnish guys, which one of you can tell me how the price of gold is determined ?
Like this.
Levels on gold do not work
Hot Finnish guys, which one of you can tell me how the price of gold is determined?
Well, supply and demand, there's an oversupply, so it's going down
Like this.
Levels on gold don't work
What about this picture? the level is 1955.63, three times it's already collapsed from it, can't catch it
Sergey, do not think that I want to offend you in any way, but how does it differ from fortune-telling?
In this way, prediction is based on intuition, while prognosis is based on precise rules and definitions, that is, only the most gifted can predict, while anyone can, on the only condition - to understand and accept the rules and definitions, if you accept my rules, then the result will be exactly the same as mine
what about this picture? the level is 1955.63, three times it's gone down already, can't catch it
Coincidences. It has a different logic of price formation, just like crypto. There, if you have to buy or sell, you do it regardless of the price and its location. Like sugar in a shop, whatever the price is, you'll buy it without thinking twice.