View Single Post
  #622 (permalink)  
Old 08-13-2008, 10:40 AM
4xStar 4xStar is offline
Superior Master Contributor and Member
 

Join Date: Apr 2008
Posts: 932
Default

Quote:
Originally Posted by JimmyMac View Post
A little tip (which quite a few newcomers to this type of price activity have found beneficial on these instruments) is to look immediately north & south of where price is NOW (on a 5, 15min or 30min chart) & see if there is a busy zone or two of interest in close proximity first


Try not to overcomplicate it. Just look for area’s on the technical chart where the bulls & bears had a little minor scuffle or difference of opinion! Those levels will quite often repeat themselves on back & forth movements until one side or the other wins the battle.

Thanks .. I will practice doing that today
Reply With Quote