Hi gang. We’re rounding the corner into our last week of specific pattern focus in the Facebook group. We’ve covered with trend and countertrend trades, and looked at breakout examples last week.
This week, we will shift our focus to support and resistance holding. There is obvious overlap with these trade types; one of the most common places to find support or resistance holding is when trends end… and your losing trades with these patterns will be support and resistance breaking. The intent here is to create a classification system that works on a high level, and into which we can fit any technical trading pattern.
Some, come and join us in the group and participate in the discussion. This is your chance to show your own patterns and get some feedback, as well as sharing your perspective with traders from different backgrounds.
Next week, we will open the group up to more general questions. I’ve worked very hard to keep the group more-or-less on target with this pattern work, so that has narrowed the scope of the conversation a bit. I hope this group can continue to be a place where people can learn about trading and refine their own process.
Come, join us!