Support and Resistance daily Journal

Hi all,

I am opening this thread to update about support and resistance line on 6 major pairs:

1)EUR/USD
2)GBP/USD
3)AUD/USD
4)USD/CHF
5)USD/CAD
6)USD/JPY

I am a trader relying on support and resistance line a lot, and has been very profitable for the past one year(I start trading forex one year ago). I really hope FF members can post their SR line here for above pairs, so that we all can make it as a guideline about the SR area that we have to take note, either trade the breakout or re bounce.

I personally use 15min and 5 min time frame chart to day trade, and longer time frame chart to look for stronger SR line.

Looking forward to all valuable SR analysis. I will post my SR line whenever I am free.

Cheers,
bulkbiz

History levels GBPUSD

.

1)EUR/USD
Resistance:
-1.3336
-1.3393
-1.3581
-1.3736
Support:
-1.3087
-1.2888

2)GBP/USD
Resistance:
-1.4987
-1.5065
Support:
-1.4511
-1.4392

3)AUD/USD
Resistance:
-0.7383

All long bias. Can place buy stop above resistance level, but make sure the next resistance is not too near.

cheers

Hi, bulkbiz

I'm relatively new to the trading, but I've allready understood that S&R levels are very important and should be used at all times, however I do not have any background on using them and moreover I don't have alot of understanding on how to use the S&R levels effectively. I'm trading intraday on the 5M timeframe. Could you please recommend something to research on this subject and also give an advise on several good indi's?

Thank you!