S&P Failed Breakthough

Started by OZER, Dec 27, 2021, 01:36 AM

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 why isn't this a supply zone?  The area I'm referring to is where you see that most recent big sell off candle at the top of the range 6 candles back from the sell off supply candle you marked out.   Similarly there are also several other supply zones on the way back up so how do you know the one you marked out is the true last point of supply?At 10:00 in you have marked out the supply zone on the 1 min time frame.  I completely recognise this as a supply zone, but I also see a supply zone just above it which hasn't by the looks of it been mitigated. My question is why don't you consider this supply zone

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This is a great concept you mentioned, I like every bit of your explanation it shows there is a lot I have to work on if I want to be proficient with my trades.

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sorry bro these are important information but for the bigginers  not what you said in title


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Is there a limit to how many trades I can do in a day?

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your knowledge is impressive and I'm learning from you. But you didn't explain two things that I thought should have been obvious to explain. One was the 20. Moving average what is that and how do you come up with that? The other thing was the candlesticks they don't all start at the end of the prior some of them start in the middle of the prior candlestick why does that happen

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Made it to the end  very helpful and informative, am definitely gonna use CEST