DislikedCongrats!!!
I've short @0.9024 after the news... already change sl to b/e +10
if it manage to get to .9075 - .9085 willshort again....Ignored
![](https://resources.faireconomy.media/images/emojis/64/1f60a.png?v=15.1)
No brainer fundamental trades 55 replies
This time... I'm Keeping MY MONEY (BRV - No Brainer Trades) 3 replies
The Koala System (No brainer) 127 replies
EUR/GBP SHORT for No Brainer 67 replies
Selling USD and YEN is a no brainer. 12 replies
DislikedCongrats!!!
I've short @0.9024 after the news... already change sl to b/e +10
if it manage to get to .9075 - .9085 willshort again....Ignored
DislikedThanks!
Just a question: Why 9085 instead of a lower value such as 9078? There are some pikes that define the RL which are lower than 9085...
Thanks!Ignored
DislikedThanks!
Just a question: Why 9085 instead of a lower value such as 9078? There are some pikes that define the RL which are lower than 9085...
Thanks!Ignored
DislikedThanks!
Just a question: Why 9085 instead of a lower value such as 9078? There are some pikes that define the RL which are lower than 9085...
Thanks!Ignored
DislikedI get to browse at this thread time to time, and it is very interesting to me.
I notice the USDJPY is at the 90.000 level (which seems to hold some historical significance). It has returned to this level in just this trading session.
It has not really bounced to go long, but instead has sit right in that area.
Can you tell me why you guys didn't look to go long at this level?
Thanks!Ignored
DislikedGo to your 4h chart plot a 9085* line and you'll see it has been used for both support and resistance on several occasions as far back as 13 Jan.
The best levels have been both support and resistance.
*Your charts may vary slightly to mine.Ignored
DislikedWhy not consider also the trade from the actual level (about 9000) to 9085 since it look like being with the trend so it could be a buy limit order around 8970 with partial TP around 9070.
What do you think?Ignored
DislikedThanks for the answer.
on my chart 8970 has a long history of being used as R/S
and since it has been recently violated if price test it again and bounce from it, isn't it a NBT?Ignored
DislikedHere you are, at least 5 touches it reacted from (more if you count a 10 pip zone around this level) and there is obviously more on a smaller TF.
Maybe I'm not seeing it right???Ignored
DislikedIt is possible to see s/r everywhere, but the real skill is in identifying the significant ones.
8970 doesn't get me excited from a pure s/r point of view however is it a 38.2 Fib of the last big sell off.Ignored