spa wrote:on the right side was looking at the 1h chart after price reached the 30 min ZL
i'm trading just the right size to suit my current understanding of the MZ, which seems to be on the modest side to say the least
i see what you are saying-----
as that pa unfolded on the h1 things kind of changed
price comes down to purple
you are thinking it is going to go to yellow, but as the PA formed that got you down to the purple it created another area of resistance/held profit-- white. If the pa was able to make it through the white then i agree that the yellow was next.
if you were going to bypass the white and target the yellow---- you have to be aware that the white is there and when PA doesn't agree with the trade(especially with the white res. there) you have to get out and re-evaluate.
cant trade what you think have to trade what it is
i mean you are marking the chart correctly and i think-- from your charts that you get the basis of it-- the rest just comes with a little time
that is why everyone should trade small and build a foundation until they are sure they understand what they are trading
i just saw your post about trade size---
that is what u/ everyone should do---
sacrifice 1-6 months or whatever of small size until your mind understands what you are trying to do then increase size later---
people have to go to college for 4 years before they are allowed to get a degree that entitles them to make 50k a year.
6 months worth of learning how to trade is worth the time to get it
traders want to hurry hurry hurry and trade too large of a size before they are ready and they never learn what they should have taken the time to learn.--- i did it for 6 years--
Bend over and assume the position for another 4 years of hope and change.