DislikedWent short the usd/chf after the touch of the resistance at 1.0215 with a confluence of 61.2.
entered: 1.0211
s/l: 1.0241
t/p: 1.0135Ignored
Never underestimate the powers of the Force.
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DislikedWent short the usd/chf after the touch of the resistance at 1.0215 with a confluence of 61.2.
entered: 1.0211
s/l: 1.0241
t/p: 1.0135Ignored
DislikedIsn't it funny how things work out? For whatever reason, I picked 1.0215 as my exit price on my quick long I took this morning, so your post makes me feel much more firmly in my decision since now I can see things from a different perspective. Best of luck mate!Ignored
DislikedHi,
I am also trying to start trading based on support and resistance. Mainly EURUSD. I will watch your thread closely now.
LeoIgnored
DislikedHey Leo,
I used to trade price action based on support/resistance areas for confirmation. Now, I trade mostly on touches for a better r/r ratio but a lower winning percentage overall. The r/r till makes up for it though. A true professional in this method is raczekfx. I suggest you check out his posts as well.
Happy tradingIgnored