[tonymand]

Originally Posted by daydreamer65

Yep you are also correct they are very useful posts.

My problem was the terms supply & demand but I did really know the answer
support & resistance.

As I have stated previously the "language" of Tess & your posts
does confuse me sometimes, but that is my failing not yours,
just needs some work on my part to understand the "language" of
the trader.

I in fact have an email everday from a site I subscribed to some
time ago & if I can understand half of it I feel pleased, but now it is
all starting to come into focus.

An analogy is I have a mate whos father is Glaswegian (Scottish) &
for years when I spoke to him I used to just nod & shake my head
hopefully in the correct places, because I could not understand a word he said.

It wasn't until I spent a weekend in Glasgow listening to the locals
speaking that it all suddenly became clear, now I can understand
my mates' father perfectly. :lmao:


I edited my post because I wasn't sure whether you would be
awake or online.

Yes I think its like any profession it has its own jargon and sometimes many terms meaning the same thing. Of course after awhile you dont even realise that you are using jargon. I must say I like supply and demand because that again reminds you its people not abstract lines on a page. I will often think like that during a trade. For instance on Friday night my analogy was that with a desperate emotional crowd all wanting to get on the right side of the move it was a bit like a jilted lover. They can easily turn on you, be unpredictable and downright dangerous. That was in stark contrast to the mornings trade. Doing this helps to remind me I am trading against people very keen to take my money off me and in the case of last nights trade meant keeping my wits about me at all times!