"It is the mark of an educated mind to be able to
entertain a thought without accepting it."
By Aristotle.
Support and Resistance Levels Are Tricky
One thing you should remember to note about support and
resistance levels is that they are areas in which a predictable price response
can be expected
Support Levels
Support levels are areas where buying pressure is just
enough to overcome selling pressure and halt or reverse a downtrend.
A strong support level is more likely to hold up even if
price breaks the support level and it provides traders a good buying
opportunity.
"Some of your greatest blessings come with patience."
By Warren Wiersbe.
"Do not let the negative thoughts in your head get on
you. Just breathe, smile and let it go."
By Unknown Author.
How to Detect Fakeouts (Part 2)
Wait for it… Just a few more moments… To see price inch one
direction… Then suddenly move miles in the opposite direction!
Huh?!? What the heck?! What happened to “the bread and
butter and the end of world hunger” strategy?
End of story: You are left eating ketchup packets and
crackers like Tom Hanks in The Terminal.
"Success is not final, failure is not fatal; it is the
courage to continue that counts."
By Unknown Author.