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Old 03-10-2008, 08:20 PM
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Join Date: Jun 2007
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Re: Trading with PA "No Indicators"

I continually find myself using PA and basic S/R for my trading. I have an oscillator and $tick to kind of help eliminate otherwise bad trades. After the close I plot the open, low, and close for the next day and scalp around those areas using basic candlestick analysis. So far it's been profitable, and the more screen time I get the better I do. But it should be noted, I have no problems finding support and resistance areas in real time, I guess that just comes with the screen time.

It works very well during range bound movements, but during big trends it's easy to miss the major trend. I will try to take screen shots and possibly a video this week to show everyone how I do it and maybe others could see what I could improve on.

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