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PZ_SupportResistance day trading

  • #61
  • Jul 28, 2017 5:16am Jul 28, 2017 5:16am
green pip all
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  • #62
  • Jul 28, 2017 5:38am Jul 28, 2017 5:38am
hey guys look gbpcad reavasal little candle that's not powerfull...
we need to wait always big strong candle drowing chart daily
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  • #63
  • Jul 28, 2017 6:30am Jul 28, 2017 6:30am
I don't understand a damn thing in this thread.
  • #64
  • Jul 28, 2017 6:38am Jul 28, 2017 6:38am
Quoting ghostman10
I don't understand a damn thing in this thread.
Haha I'm right there with you...I like the daily timeframe and clear support res lines that are drawn by the indicator. I guess that's what is keeping me coming back..if only I could understand the buy sell rules not just wait for big candle..
  • #65
  • Jul 28, 2017 6:52am Jul 28, 2017 6:52am
Quote
I don't understand a damn thing in this thread.

1

hey read this's pic
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  • #66
  • Jul 28, 2017 7:19am Jul 28, 2017 7:19am
Quoting Encody123
{quote} hey read this's pic {image}
Would it be possible to link the a/c pertaining to these charts that you are sharing in trade explorer? I did not find these trades in the expect to live run trade explorer. For eg. the previous chart AUD/CHF buy does not appear in expect to live run trade explorer. There are 2 sell orders that were closed for small loss.

Thank you
  • #67
  • Jul 28, 2017 7:25am Jul 28, 2017 7:25am
Quote
Would it be possible to link the a/c pertaining to these charts that you are sharing in trade explorer? I did not find these trades in the expect to live run trade explorer. For eg. the previous chart AUD/CHF buy does not appear in expect to live run trade explorer. There are 2 sell orders that were closed for small loss.

Thank you

ur mean expect to live run (https://www.forexfactory.com/encody123#13) trade explorer?
that's ea testing buddy...
  • #68
  • Jul 28, 2017 7:29am Jul 28, 2017 7:29am
Quoting Encody123
{quote} hey read this's pic {image}
So your entries are off of price action/candle patterns with support and resistance as possible profit targets?
  • #69
  • Jul 28, 2017 7:32am Jul 28, 2017 7:32am
Quote
So your entries are off of price action/candle patterns with support and resistance as possible profit targets?

yes buddy very simple
  • #70
  • Jul 28, 2017 1:12pm Jul 28, 2017 1:12pm
open and close
great weekend guys
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  • #71
  • Jul 28, 2017 1:28pm Jul 28, 2017 1:28pm
look is price action candle power
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  • #72
  • Jul 28, 2017 1:40pm Jul 28, 2017 1:40pm
how is trust forex i am this's look early...
but not take entry strong sup line daily..
forex is not easy
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  • #73
  • Jul 28, 2017 1:49pm Jul 28, 2017 1:49pm
helow guys pls votes my questions
  • #75
  • Jul 28, 2017 2:11pm Jul 28, 2017 2:11pm
Quote
Your post style remember me ghostbiker (scammer) ..

lol ur think i am ghostbiker
  • #76
  • Jul 28, 2017 2:14pm Jul 28, 2017 2:14pm
who is mad man?
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  • #77
  • Jul 28, 2017 2:27pm Jul 28, 2017 2:27pm
Buddy PZ SupportResistant indicator is corrupted, Once you load it, the mt4 app its freezing on all Time frames
  • #78
  • Jul 28, 2017 2:29pm Jul 28, 2017 2:29pm
Hi what is your take on gbpusd and eurusd
  • #79
  • Jul 28, 2017 2:38pm Jul 28, 2017 2:38pm
Quote
Hi what is your take on gbpusd and eurusd

long time buy no yet idea we can think selling
  • #80
  • Jul 28, 2017 3:47pm Jul 28, 2017 3:47pm
Hello Encody123,
Thanks for starting your thread and sharing your method, that is what FF is all about! Please read what I have said below and let us know whether I am right or wrong. I don't expect to have everything right so it would be helpful if you could explain what is wrong (and that might be everything).

My best guess based on short opportunities...

Method 1 (short)
1. System is based on D1 Candles
2. Identify bearish engulfing reversal candle. (Entry is during next D1 period)
3.Wait for next D1 candle to retrace above the low or close of the previous candle. .
4. Place short stop order at Low or Close of previous candle.

Method 2 (short)
1. System is based on D1 Candles.
2. Identify engulfing reversal candle. (Entry is during next D1 period)
3. Place a short limit order at Low or Close of previous candle.

Method 3 (short)
1. System is based on D1 Candles.
2. Identify engulfing reversal candle. (Entry is during next D1 period)
3. Enter at the time that you feel is right in the direction of the engulfing candle.

If I am way off the mark then I apologise but please explain
Indentify > Plan > Accept > Execute
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