Dear Mr Xard,xard777 wrote: Sat Nov 05, 2022 9:49 pm Not sure if it is new traders coming to the thread or existing ones that are still struggling with the Dot system.
Really, it is just Price action showing support and resistance at different TFs.
I do like to upgrade my chart setup to simplify my trading and I tend to post these upgrades for others to try out.
Perception and how we see the market play out is different for everyone.
I might be trading down moves (and be in profit) when the market is still overall going up, perceptions.
All our trades are a snapshot in time, if we zoom out to look at the bigger picture we would probably shake our heads and say that I would never in a thousand trades would I have taking that trade, no way. Again, perceptions, our viewpoint in time.
I am going to post another chart which will show a totally different view for trading.
It still uses the same Dot system, however, the trend lines have been changed to give another viewpoint.
Xard777
Thank you.
Yes and finally it dawns upon me that the Semafor is as per your statement highlighted in bold. The Semafor takes away much of the personal guess work of finding potential resistance / support zone in the market. It gives a heads up the likely price movement ahead.
Have a pleasant weekend.
Sincerely,
Stuart