Simple Candlestick Chart with S and R levels | Forex Factory

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Simple Candlestick Chart with S and R levels

  • #1
  • First Post: Edited Jun 2, 2024 9:53am Dec 4, 2017 1:51am | Edited Jun 2, 2024 9:53am
Hey I am starting very simple and authentic Strategy previous Charts Support and Resistance levels. In this thread i'll explain you how to find good Trend for trade on different pairs. D1 chart is the great for analysis and H4 chart is very important for open trades. So please subscribe and share your analysis here. i am sharing EURUSD D1 and H4 chart. Low Risk SL and Big TP levels.

Thank you

[Note]: Please never share indicators, other systems or any other materiel without permission, other wise you will ban.

!!!Entry Rules!!!
Hello Everyone!
Please check the New Templates
1. Daily TF is the best for Engulfing trade.
2. Open Pending order 5 pips up/down from the last Engulfing Candle.
2. SL 15 pips below the Engulfing candle.
3. TP 50 pips.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Screenshot_23.png Size: 49 KB
Click to Enlarge Name: Screenshot_22.png Size: 58 KB
Click to Enlarge Name: AUDUSD D.png Size: 17 KB
Attached File(s)
File Type: tpl Eng AUDUSD.tpl   5 KB | 205 downloads | Uploaded Jun 2, 2024 9:18am
File Type: tpl Eng EURUSD.tpl   4 KB | 225 downloads | Uploaded Jun 2, 2024 9:18am
File Type: tpl Eng GBPUSD.tpl   4 KB | 187 downloads | Uploaded Jun 2, 2024 9:18am
File Type: tpl Eng USDJPY.tpl   5 KB | 190 downloads | Uploaded Jun 2, 2024 9:33am
File Type: tpl Eng XAUUSD.tpl   6 KB | 228 downloads | Uploaded Jun 2, 2024 9:34am
File Type: tpl Eng USTEC.tpl   10 KB | 180 downloads | Uploaded Jun 2, 2024 9:39am
  • #2
  • Dec 4, 2017 1:55am Dec 4, 2017 1:55am
Hi @um4ir, I'm in =) Where did you get those SR levels? Do you draw them manually or you are using some indy?
  • #3
  • Dec 4, 2017 1:59am Dec 4, 2017 1:59am
Quoting vmelnikov
Hi @um4ir, I'm in =) Where did you get those SR levels? Do you draw them manually or you are using some indy?
Thank You vmelnikov
I draw these levels are manually, I'll upload a video soon then everyone can draw easily on any pairs. Please find the Temp in Post #1 its only for EURUSD D1 and EURUSD H4.
  • #4
  • Dec 4, 2017 2:10am Dec 4, 2017 2:10am
Quoting um4ir
{quote} Thank You vmelnikov I draw these levels are manually, I'll upload a video soon then everyone can draw easily on any pairs. Please find the Temp in Post #1 its only for EURUSD D1 and EURUSD H4.

It would be very interesting to understand your approach about how to draw them. Because there is a lot opinions how to do this correctly. Someone told that it's right to put those levels on candles close/open, other's told that these levels should be on candles peaks. So as for me, I'm confused a little bit regarding this question.
  • #5
  • Dec 4, 2017 2:25am Dec 4, 2017 2:25am
4/12/2017 GBPUSD chart. Good Luck excellent down trend for GBPUSD.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Screenshot_24.png Size: 57 KB
Click to Enlarge Name: Screenshot_25.png Size: 69 KB
Attached File(s)
File Type: tpl 1 GBPUSD H4.tpl   8 KB | 431 downloads
File Type: tpl 1 GBPUSD D.tpl   8 KB | 456 downloads
  • #6
  • Dec 4, 2017 2:29am Dec 4, 2017 2:29am
Quoting vmelnikov
{quote} It would be very interesting to understand your approach about how to draw them. Because there is a lot opinions how to do this correctly. Someone told that it's right to put those levels on candles close/open, other's told that these levels should be on candles peaks. So as for me, I'm confused a little bit regarding this question.
I explain on gbpusd D1 chart last low/high between the S/R levels, i hope this will never explain anyother expert before. so when you will put TP lon then always remember this Last low or high level. I'll update as i get new Trend on EURUSD, GBPUSD
  • #7
  • Dec 5, 2017 6:49am Dec 5, 2017 6:49am
subscribe....
Attached Image (click to enlarge)
Click to Enlarge Name: 48.png Size: 62 KB
The Average Discount Everything
  • #8
  • Dec 7, 2017 12:21am Dec 7, 2017 12:21am
Quoting hesron
subscribe.... {image}
Thank you hesron.
GBPUSD Market moving as i describe.
its great strategy without indicators, its need to confirm old Support and resistance levels.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_40.png Size: 52 KB
  • #9
  • Jan 8, 2018 3:17am Jan 8, 2018 3:17am
Excellent Divergence on EURUSD D1
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_1.png Size: 46 KB
  • #10
  • Jan 9, 2018 11:41am Jan 9, 2018 11:41am
Break and Good Moving down
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_2.png Size: 47 KB
  • #11
  • Jun 2, 2024 9:51am Jun 2, 2024 9:51am
Hello Everyone!
Please check the New Templates
1. Daily TF is the best for Engulfing trade.
2. Open Pending order 5 pips up/down from the last Engulfing Candle.
2. SL 15 pips below the Engulfing candle.
3. TP 50 pips TP.

Here's another example of EURUSD D
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD D.png Size: 18 KB
  • #12
  • Last Post: Jun 7, 2024 5:28pm Jun 7, 2024 5:28pm
I would like that you mark exactly the engulfing candle. The graphicw are too small.
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