Simple's Green Room

[Qui-Gon Kagi]

pennies.......I watched a couple of the youtube vids that jav pointed out and they too had their zones comprising of a fair number of candles, but this guy "Sam" insists that the fewer the candles the better. The real question is whether any given zone regardless of the number of candles is a consolidation zone allowing for trend continuation OR reversal, or whether it's a true "SD support/demand" zone with nearly guaranteed reversal to be found? How do you know whether or not it's an "SD" zone on a 15 minute or a weekly chart because the price will move hard against you if you get it wrong, as it did for me on G/U last week with that 200 pip rally.

Ok, I have one post remaining today so please feel free to post to me if you want, but I may or may not reply to that post.