YTC Price Action Trader ( | Trading Reviews and Vendors - futures trading strategies, market news, trading charts and platforms

Trading Reviews and Vendors

Discuss and review vendors of commercial trading products, trading rooms and services, trading indicators or third-party paid add-ons


YTC Price Action Trader (

  #65 (permalink)

London, UK
Trading Experience: Beginner
Platform: NinjaTrader, home-grown Java
Broker/Data: IB/IQFeed
Favorite Futures: EUR/USD
Adamus's Avatar
Posts: 1,085 since Dec 2010
Thanks: 471 given, 782 received

trendisyourfriend View Post
I think looking at each pivots to define S&R is a bit clumsy. Unless you can confirm there is supply or demand left at a level, there is no need to record every pivot. Would be curious to see how you would have marked the ES Yesterday given how supply/demand moved.

How supply/demand moved? Do they move? You've lost me on that one. But I agree with what you say about clumsy S/R levels. I look back over them at the end of the day to see how they affected price, and remove them if they didn't. It works for now in my limited testing but I can't say it's a bottle-neck for my performance - like you say, it's just clumsy.

You can discover what your enemy fears most by observing the means he uses to frighten you.
Follow me on Twitter Visit my futures io Trade Journal Reply With Quote
The following user says Thank You to Adamus for this post: