Traders Laboratory - View Single Post - Intrinsic Reasons for Support and Resistance changing roles
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Old 05-08-2007, 07:40 AM
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Re: Intrinsic Reasons for Support and Resistance changing roles

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It is the big boys who can muscle the market that matter. They are the one who created S/R. So they are the one who will react to those S/R, if that is where they conduct their business at.
Doesn't smart money (aka Professional Money) create faux S/R levels so as to trap unwittingly buyers and sellers?

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