DislikedThe template is for long-term trading and is suitable for financial institutions or bankers or those who like to trade for mid or long-term. It is difficult to say what is the stop loss level if you are using only one template . to find the stop loss , you have to use different templates . As I said , the movements of the market is due to different support and resistance levels developed by different rooms (phases). For instance , how we may know the price (eur/usd) may reverse at 1.3461? later, I will introduce a template that is very useful for day trading and its length is only 103 pips.Ignored
Without: (Originally posted by, aebab)
http://i59.tinypic.com/x5cgsj.jpg
With:
http://i57.tinypic.com/16auwj5.jpg
Really interesting stuff. Now, all you need is a Timing mechanism and some historical analysis to determine the Probability, and you should have a very interesting trading methodology.
Scary stuff.
F-X-C-M | A Classic Retail Bucket Shop Scam Artist Who Manipulates Prices