Welcome to the new Traders Laboratory! Please bear with us as we finish the migration over the next few days. If you find any issues, want to leave feedback, get in touch with us, or offer suggestions please post to the Support forum here.
ElectricSavant
-
Content Count
1 -
Joined
-
Last visited
-
Identifying high probability trading levels
ElectricSavant replied to Soultrader's topic in Technical Analysis
Using trading levels has been quite a breakthrough for me in my trading. Discovering overheated zones in particular on the 5 minute chart. But using levels is only half of it in my opinion. For your short term trading to be successful you can use all or some of the following to enhance your hold. Average in Basket Trade Stop & Reverse By using levels with these other methodologies might give you the time to discover the wave you are in and use the combined approach to net you profit. Michael B.