MightyOne wrote:You could try and pay thousands of dollars for better trading methods, but I have been there done that and have not found any.
Making money is all about how skilled you are at turning your observations into words (a trading plan).
If you don't know what to look for or which questions to ask or how to turn your observations into a trading plan then you just need practice doing so.
What you don't need is some loser sitting you down in front of a chart teaching you how to interpret an oscillator and draw support and resistance lines for $3,500 (I have been scammed more than once unfortunately;)).
Considering how M.O. has drawn his boxes in the area's of the X's......those are very interesting points to note.
Price has broken/closed below the lower trend line of the ascending triangle.
When price gaps up sunday night we will have to WAIT to see if it becomes support or falls through and comes back up to become resistance........
If it becomes support, we are going to go long with a target of 6300.
If it re-brakes and finds resistance we go short for a target of 5600.
Another +300 pip run.
+3, +30, +300, what's the difference?? LOL