edit: Monthly Pivot Level MM2 (Monthly Mid 2 )
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USD/JPY Discussion 7 replies
NZD/JPY Discussion 12 replies
long eur/jpy, gbp/jpy, usd/jpy 11 replies
EUR/USD Bollinger Band Discussion 3 replies
Suidster's GBP/JPY Discussion 19 replies
Disliked{quote} thank you bro, such an important basic knowledge. I'm still reading and trying to match it with appropriate/resemblling pattern in my USDJPY chart. Hopefully you can continue it tomorrow and we can discuss further.Ignored
Disliked{quote} Zone always consist of 2 lines which means 2 prices. One is called proximal which is near to the price and second line is calked distal line. Your SL is always few pips under or above this distal line....depending on long or short..Ignored
Disliked{quote} Zone always consist of 2 lines which means 2 prices. One is called proximal which is near to the price and second line is calked distal line. Your SL is always few pips under or above this distal line....depending on long or short..Ignored
Disliked{quote} Not similar like this but exactly like this. I took my forex education from this instituteIgnored
Dislikednow, practice it I have short position, sell it at the supply zone, and the horizontal line is my stop loss right above the distal line I still have another H4 candle ( that red mark) if Crude Oil Inventories news won't move the price anywhere. Surely FOMC is a serious mover then {image}Ignored
Disliked{quote} btw, I prepared buy stop above the SL in case this demand zone.Ignored
Disliked{quote} There is no demand zone. Thats the breakout point if price stays there. There is no demand zone. There is however a good supply zone which would be your tp for the BO ( breakout) trade. place to buy, a demand zone is 110.80 to 111.00Ignored
Disliked{quote} Ok. Can you tell me what you see..... 1 Hr chart ...price 111.54 / 58 4 Hr Chart ...price 111.95 / 112.08 Daily............price 112.14 / 112.40 Are there any similarities??Ignored