MightyOne wrote:"Bodies show the way, wicks in the direction of loss. WickDolls." -Pariah
That is the first thing I ever said & it is really the only lesson that you need to learn as far as technical analysis is concerned.
I think I got it now. This morning I made some test on M1... not easy but good for learnning purpose.
First attempt, I thought my M30 ZL will hold, that was not the case: -3.5 pips
Second attempt, another M30 ZL, it held but didn't take my profit (I think that's what you call "advance, retreat", MO? This is where Space concept should help me ). Anyway: lose -1 pip.
Third attempt on the same M30 ZL, this one is good: +18 pips.
So I'm now at +13.5 pips... with 2 loses for 1 win