Dislikedk there goes one..
anyways I believe before the 8 pages of nonsense we where talking about how I look at S&RIgnored
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Dislikedk there goes one..
anyways I believe before the 8 pages of nonsense we where talking about how I look at S&R
This last euro/usd sell to 3388
Was a RZ15F-Swapped
this reads as resistance zone -15touches-F having to do with order clusters -swapped from support to resistance
we can choose to trade a level depending on the noticability of the level in conjunction with the pending orders below that level.Ignored
DislikedAny chance you could define "touch" for me please domino?
For example, does a touch include a break through and close above the S/R followed by pull back and close below it or does price have to show an immediate reaction to the S/R? Can a touch include a close encounter (within 5 pips say)?
ThanksIgnored
DislikedHey Domino.
I might not be fully on board with ya so far, but our last 2 trades have been identical (almost). I'm short at 83, was a coupla pips slow, due to browsing youtube.Ignored
DislikedDo you use a hard stop? My initial placement is 410 (for obvious reasons).Ignored
DislikedIt's been an epic task but I think I have gathered the premise behind how you trade. Feel free to point out anything I may have missed or misunderstood....
Here is a chart to help make sense of it all: (and ignore my arrow, its not relevant to this discussion in any way)
http://www.darkstarforex.com/domino.png
So between the red and green lines we have a RZ or reversal zone representing buy side orderflow acting as support. The green line is a 3 touch, and the red line is a 2 touch S&R level. Your looking for a break of one of these...Ignored
Dislikedkinda close ... I use a bit more data and the touches are a bit different.. but I also look at the amount of breaks below the level assuming accumulated stops are pending in old opposing trades. so Im looking for points that break and trigger old stops and combined with breakout orders cascade.. this last trade was a bad example( i was eager to jump in and put some beginning trades in the threads.. see what I mean tho?Ignored