Hi Clockwork - thanks for an interesting thread.
On the lower time frames I've long viewed S and R levels as "zones" rather than a fixed 1 pip level and most of my current trades are based on price action around the 50 and 100 levels.
This chart is drawn from this point of view, after going out to the weekly and monthly TFs and I'll be pulling up a lot more simailar charts across different currencies as I move into more selective trading rather than focusing on two or three pairs as I have in the past.
On the lower time frames I've long viewed S and R levels as "zones" rather than a fixed 1 pip level and most of my current trades are based on price action around the 50 and 100 levels.
This chart is drawn from this point of view, after going out to the weekly and monthly TFs and I'll be pulling up a lot more simailar charts across different currencies as I move into more selective trading rather than focusing on two or three pairs as I have in the past.
Trading Levels with WRBs