42 Comments

  1. What about the ranges on the weekly ? the ranges on the monthly ? or the 1 minute 2 minute etc. It seems very simplistic to narrate the market like this. Assuming to know the motivation of all market participants is ridiculous to me.

  2. Just to speak to pivots, at one point the author of this video says 13:53 "without ( previous S/R ), I would say, that pivot is useless… 42:32 you don't need pivot points". Well first off, this video does not include the extremely important MidPoints M1, M2, M3, and M4. Also, the reason pivots DO often predict the future of entries and targets is not because they are magical but rather because so many professional traders use them. Why? Because long ago, on the trading floors, these calculations were used to simplify the demanding transaction decisions.

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