RE: What does Support and Resistance really tell you?

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What does Support and Resistance really tell you?

in trading •  7 years ago 

Ok, this explains clearly how your bases work. I haven't yet found out how your safe zones work (6+ videos watched).
Can you put up a video explaining your safe zone circles?
You have a LOT of videos in your back catalogue.

I'm excited by your method and am interested in your scanner idea. Being a programmer as well, I might give it a go. Potentially by extending a trading bot so that instead of trading it gives alerts on criteria...

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I will try to put in those safe circles in every post, it seems to help everyone visualize the trade entry better...

I don't know if this will help you, but I find it easier to use the ellipse drawing tool for safety circles> It is easier to see for me than using the brush (which is what you use). To draw in bases I use the trend line instead of the brush as well, I added arrows and made the lines thicker in yellow to make it clear to me that this is clearly a base.

thanks for the ideas.. i just tried that ellipse tool.. i might use that.. i like the highlighted circle