I see your confusion, which gives rise to a question I have for the Wiz... Tom - when you're working out whether a level was resistance last (in the case of a long RR trade) ideally you want a clean breakout of resistance and no butt-kiss retest, ...

97.74 was support last. 96.32 was resistance last. Buy resistance. Sell support. Simon

It's 1 trade. I've just described the process that Tom goes through and teaches in this thread. Read the thread and you'll get it. Simon

That is true. But you know and I know that you can give people a trading method/system and only the ones who can trade will actually make any money. Like you said in the last webinar, most of us know what a good trade is so why do we take bad ...

The setup's not there yet. This is a strong level of resistance. Tom's waiting for the breakout and rounded retest of that level to go long. Simon

I hope Tom doesn't mind me jumping in here. You've probably picked up the basics already, which are pretty simple: - Find strong areas of S/R (PPZs) on D1 chart with multiple touches; position S/R lines in between intersecting highs/lows; work from ...

Hey SB - when you have a minute could you post that chart you mentioned in the chat on the last webinar please? The one about inverse something or other Cheers Simon

Not S last Tom - I just wanted to thank you for taking the time to do your webinars and explain how you trade. Much appreciated! Cheers Simon

July 31 webinar — I'm afraid I only caught the last 10mins of the Webinar yesterday as I had to work. Would anyone who attended mind posting a brief summary please? Specifically, I really wanted to hear what Tom had to say on what to look for ...

Now that's a good looking chart Simon

Thanks Tom - it was because it *just* closed (@1.05018) below the lowest low (@1.05048) on my feed (FXPro) that got me thinking I was missing something. Simon

Hey Tom - Since price closed below your highlighted bars low yesterday I'm assuming this isn't the setup you described in the last webinar where price tests a level again and forms a wick closing behind that level? If so, could you explain what ...

So I've done some more digging and MB Trading is undoubtedly the best option for me: they open at 5pm, they have the lowest spreads out of all the retail brokers I've seen (usually 0-1 pip on EURUSD which may go up to 2 pips on market open), and ...

At the risk of sounding facetious, trade the gap to close. Simon

Thanks CM - so far FXDD is my best bet because they do micro a/c's, open at 5pm and have competitive spreads. Simon

Thanks Heliodz - I'll check them out. Simon

Hey Wiz - if you're running a webinar would you mind adding me to the list please? ****@*****.com Thanks Simon

I'm also a bit in the dark on this one, but here's my best guess... If you have 3 highs and 2 lows forming together to create a PPZ, you're looking for the mean price of the highs/lows i.e. you add the prices at the lows/highs together then divide ...

Hi Wiz- I'm a bit late to the party and I've just finished reading your thread, but better late than never, eh? As a result I haven't attended any of your webinars -- I'll send you my e-mail address if you can fit me in the next one. Since I missed ...