Yes, I understand.
and yes, you will gain a lot by closely watching the basic price action, and gaining a close understanding of the 'personality' of a particular instrument.
Personally, I try to separate "reading the chart" from "trading" as much as possible, as they are two quite different skills....at least that is how I see it.
(Tom Williams said the trading syndicate (hedge fund) he was part of, employed chartists to draw the charts, professional analysts to read the chart, & separate professional traders to trade the account......he also says that many people who aspire to be "online traders", will most likely be less proficient at one skill or the other, as it can be difficult to be really good at both)
So actually trading that set up (above) is another thing altogether.
Oh, and no worries....I'll put you down as a FUCT bar supporter, haha
