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Disliked{quote} Yep yep! Thanks for the credit, DJMS.SR is the structure of the market. Price attracts to them like magnet. Trade off them is the safest after the flip and potentially with much smaller risk size. I use just SR + TMA alone and they are working great. But adding your T3 lines give more boost of confidence
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Disliked{quote} simply lovely haha - i had an s/r indi to use at the start but it wasnt cutting it, this one is better - we could of course use our eyes and draw manually but thats time consuming when action on the 1min is so fast. nice trades amigoIgnored
Dislikedas billyoneer was saying its good to tie in the bands with s/r as well - you can see here on uj when the best time to hit the bands would be {image}Ignored
Dislikedhere a valid signal on m5, you can see the s/r to the left, price is hanging out bands t3 50 is under 240 when the trade came in, wait for your trend continuation candle to form then get in. using s/r with bands and t3's there was loads of opportunities to get short on this market today {image}Ignored
Dislikedcheck out this s/r indi, many times a trend doesnt come back to the bands or when it does it come back it can reverse leaving you with a bad trade, with the t3 lines confirming the direction we can use the s/r indi. uptrend = old resistance becomes new support. downtrend = old support becomes new resistance. {image}Ignored
Dislikedhere a valid signal on m5, you can see the s/r to the left, price is hanging out bands t3 50 is under 240 when the trade came in, wait for your trend continuation candle to form then get in. using s/r with bands and t3's there was loads of opportunities to get short on this market today {image}Ignored
Dislikedwelcome new traders and great trades guys, now we need to work a bit harder on exits. To the other side of the bands is fine but often you can catch a bigger move. I was thinking to maximise a move you can open multiple trades or just one with higher volume. close partial at edge of bands then trail remaining using s/r? see below s/r indi for those requesting {file} {file}Ignored