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Re: Interesting Market Setups

Krelian99, Wed Apr 25, 2018 4:08 pm

Yes, volume is an interesting ingredient (I often said) but at the moment of taking picture the volume wasn't clear. Drawing TLs and S/R looks easy but you have to decide is the line important or useless. Indicators draw you 5 or 10 lines and you see nothing anymore. The art is to have only important lines on the chart and then do the next steps. It is a setup, a note that here something can happen. Step by step the picture evolves. When you put everything on the chart from the first post on people just are confused or just consume headless as so often and the learning effect is equal zero. I don't want to give a trading signal or ready analyses. You should also use your head.

The volume is getting lower what means there isn't much interest in the downmove. On D1 some bears took their profits, so we wait what will happen today. It's London Open now.
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