Quote:
Originally Posted by 4xStar
Well this input is causing major changes to my templates & indicators folders!
Thanks to Jo & Tess for all your hard work and generosity in sharing it with those of us still learning ..  |
Thank you (& other recent posters) for your kind comments. It's really great to see folks enthusiasm & positive attitudes towards the info being relayed on here!! But don’t overlook the terrific contributions in the thread from other members, especially the work of
tonymand.
Tony has incorporated some of the basic principles & put his own unique stamp on the way he works his strategies around the concept of s&r observation. Take the time to browse his posts (with accompanying charts), I’m sure you’ll find plenty of quality material to inspire you back thru the pages.
Most of the example s&r work on here can be taken away & used as a foundation or base for your own individual templates.
If you want to incorporate additional price aids such as Fibonacci, Pivots or trendline analysis to run alongside some of this s&r material, then knock yourself out. Trial & error will determine whether you can find a consistently profitable use for them.
Just because someone else doesn’t find a particular item useful, is no reason not to explore the possibilities of you utilizing them. There’s no right or wrong in trading…..only what’s right (or wrong) for you!
Most of all – have fun with it. It’s not life or death. Demo systems are there to test & iron out idea’s. Make your mistakes on the demo before you risk your hard earned $$’s in the live markets. Then gradually feed in small stakes, building up to your desired level as your confidence grows & you get to grips with a new method.