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Search: Posts Made By: Traderjohnsblog
Forum: Traders Hideout December 4th, 2017, 01:34 PM
Replies: 56
Views: 20,995
Posted By Traderjohnsblog
I agree support and resistance is only part of...

I agree support and resistance is only part of the puzzle.

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Forum: Traders Hideout June 23rd, 2017, 10:59 AM
Replies: 56
Views: 20,995
Posted By Traderjohnsblog
That is one of the best descriptions of why price...

That is one of the best descriptions of why price moves in a long time. As a S/R trader I would like to add this. If your decision trade is "price has hit resistance therefore it will reverse, so I...
Forum: Traders Hideout June 19th, 2017, 12:48 PM
Replies: 56
Views: 20,995
Posted By Traderjohnsblog
I use three time levels. A larger one to...

I use three time levels. A larger one to determine market bias and establish the dominant S/R levels. An intermediate level for entries and a smaller timeframe for exits. In my opinion the exit is...
Forum: Traders Hideout February 9th, 2017, 10:56 PM
Replies: 56
Views: 20,995
Posted By Traderjohnsblog
Lets be clear about one thing for sure. Nothing...

Lets be clear about one thing for sure. Nothing works all of the time. The value of S/R is that it allows you to place a trade at a point where if you are wrong you get out quickly. If right your...
Forum: Traders Hideout January 20th, 2017, 10:11 AM
Replies: 56
Views: 20,995
Posted By Traderjohnsblog
Thats a good point regarding the fills. Most of...

Thats a good point regarding the fills. Most of my trades fill on limit orders but a few don't. I dont think of S/R has just horizontal lines. I include trend lines also. Take for example a trend...
Forum: Traders Hideout January 7th, 2017, 01:04 PM
Replies: 56
Views: 20,995
Posted By Traderjohnsblog
A common misconception is that just because we...

A common misconception is that just because we calculated level price will always (insert whatever) Price does not always do anything. S/R levels are only part of the analysis. I start by looking at...
Forum: Traders Hideout January 6th, 2017, 01:59 PM
Replies: 56
Views: 20,995
Posted By Traderjohnsblog
I think S/R does work. You must understand that...

I think S/R does work. You must understand that it is only part of the picture. Fundamental analysis and technique factor in to this also. For example, you can draw all the levels that you want on...
Showing results 1 to 7 of 7

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