fluey tuesday, page-66

gm definately try and get a grip on FD,s methodology . it has merit , dynamic analysis is crucial in these markets . key levels of supp/resist either dynamic or static are the crux of successful trading in these basically directionless markets . once key levels can be defined it becomes easier to trade with a risk management strategy based on the higher probability zones . last couple days been a bit of tap due to various external influences but in the main the key levels have played true . trading without long term bias in the last few days has yielded some good profits with the market generally bucking the negative bias that has been the mainstream opinion during underlying period . as ive said many times trading is no more than defining probabilities and managing the possibilities . there is a book title there ;-) . frank makes it a little harder to understand than it needs to be but look hard enough and the epiphany is there . anticipating the market will provide much better chunks of available ranges (once you have the eye for it) than any indicator , gann , moon cycle or tea leave will ever provide . keep it simple , use multiple time frames and it will become easier no doubt . trade well



........... the usual