FOREX Market Reversal Levels | Page 7 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Forex Keltner Channels Reversal Strategy 4 replies

Demand and Supply forex Strategy levels 4 replies

RS levels and physic levels are in indicator (created) 3 replies

Short-Term Reversal Levels (STRL's) 107 replies

Apply a 28 Levels Financial Plan to Forex and convert $10 to $10,000 159 replies

Attachments: FOREX Market Reversal Levels
Exit Attachments

FOREX Market Reversal Levels

  • #121
  • Jan 7, 2011 4:25pm Jan 7, 2011 4:25pm
Quoting rogers29
Mme, this is not my thread but I believe posts are for asking questions or making positive contributions to use the S/R levels offered for free. It seems clear that you are competing and/or antagonizing the thread starter with your charts showing S/R levels and your quote, "no science, no maths" followed by your website URL. I think you should start your own thread (or advertise elsewhere) because here it seems you are just creating bad will against your person and your website.
Just my 2c
Roger
Hi Roger,

Thank you for your post.

We think it's sad to see an experienced trader behaving so childishly.

He has started new a thread called Forex market reversal levels

Probably we should be flattered.

He claims to produce the most accurate support and resistance levels

Perhaps he will demonstrate his claim by publishing levels in advance like us.

Otherwise ....

Andrew
Attached Image
  • #122
  • Jan 7, 2011 4:37pm Jan 7, 2011 4:37pm
Quoting Andrewkin
...............Tedious I know, but still it is probably worth reading the thread..........Most questions have been asked and answered.
My bad.

I will read over the weekend.

Regards
  • #123
  • Jan 8, 2011 2:31am Jan 8, 2011 2:31am
We hope our FMRL numbers contributed to your success last week.

Attached Image
  • #124
  • Jan 8, 2011 5:16am Jan 8, 2011 5:16am
FROM Redswords "price is everything" s/r zones, WED LEVELS/PL, PivotFarms, and the notorious FIB/Pivot Levels, how many more s/r levels do we need?

Creditably from posting these levels with verified Live trading account would surely be the only marketing approach that is needed.
  • #125
  • Jan 8, 2011 7:58am Jan 8, 2011 7:58am
Quoting Ipndasno
FROM Redswords "price is everything" s/r zones, WED LEVELS/PL, PivotFarms, and the notorious FIB/Pivot Levels, how many more s/r levels do we need?

Creditably from posting these levels with verified Live trading account would surely be the only marketing approach that is needed.
Hi Ipndasno,

This month we are posting our FMRL numbers FREE.

Our purpose is to let traders test them their own way.

We publish our levels a month and a week in advance.

The proof will be in the profits traders get themselves.

We don't sell bags of words.

Only trading results matter.

Andrew
Attached Image
  • #126
  • Jan 8, 2011 11:54am Jan 8, 2011 11:54am
Quoting Ipndasno
FROM Redswords "price is everything" s/r zones, WED LEVELS/PL, PivotFarms, and the notorious FIB/Pivot Levels, how many more s/r levels do we need?

Creditably from posting these levels with verified Live trading account would surely be the only marketing approach that is needed.

There can never be enought some like that and others prefers other levels i think all are werry welcome it is up to the individual to say what fits him. Be happy it is all free and maybe we can make money from it.
  • #127
  • Jan 8, 2011 6:32pm Jan 8, 2011 6:32pm
Quoting jgadefelth
There can never be enought some like that and others prefers other levels i think all are werry welcome it is up to the individual to say what fits him. Be happy it is all free and maybe we can make money from it.
Hi jgadefelth,

We agree that it is good to have lots of choice.

We can't imagine that one approach will ever suit everyone.

Don't be to happy that it's all free as it's not.

Our FMRL numbers are FREE in January so you can test them yourself.

In addition subscribers get their first month free.

But after that subscription costs GBP20 a month.

Andrew
Attached Image
  • #128
  • Jan 8, 2011 6:44pm Jan 8, 2011 6:44pm
A question was raised about our charts looking different.

For clarification.

Our charts are 1 Hour candlesticks.

The broker feed we use is GMT + 1 Hour.

The FMRL numbers work whatever your feed or time-frame.

Hope that helps.

Andrew
Attached Image
  • #129
  • Jan 8, 2011 6:50pm Jan 8, 2011 6:50pm
Andrew,

Have you decided if your going to post mt4 templates?
Annoying Precision
  • #130
  • Jan 8, 2011 6:57pm Jan 8, 2011 6:57pm
Quoting erikte279
Andrew,

Have you decided if your going to post mt4 templates?
Hi erikte,

We aren't going to post any templates for now.

Why don't you?

Andrew
Attached Image
  • #131
  • Edited 8:30am Jan 9, 2011 8:00am | Edited 8:30am
Good day,

Well, I've had a very good first week with the levels and a lot of fun! http://cdn.forexfactory.com/images/s...m/big_grin.gif

In some cases, they are very close to my own levels, in others they are quite different. That really got my curiosity piqued! As you know, I do a bit of number crunching myself and this was a challenge I couldn't resist.

So I have been rather a naughty dog and attempted some reverse engineering (in direct contravention of the Digital Millennium Copyright Act or whatever its called http://cdn.forexfactory.com/images/s..._the_floor.gifhttp://cdn.forexfactory.com/images/s..._the_floor.gif).

Mme reckons that these levels are just pivots. Well, they're not! At least, not any I have seen. I have a notebook with more than 20 different pivot formulae and I have tried them all. These are NOT Floor Pivots, Woody's, De Mark, Camarilla, etc etc etc or anything I have yet seen ..... http://cdn.forexfactory.com/images/s...lling_eyes.gif

But they do seem to work - none of the other levels (apart from my own) appear to work reliably.

So I am biting the bullet and signing up. I trade through a spread bet house and either trade £5/pip ot £10/pip depending on whether the trade is medium or low risk. Therefore, I have to make the princely total of either 4 or 2 pips per month to cover my subscription.

Looked at like this, it just seems silly not to.....

Best regards,

Old Dog

EDIT:

I just forgot something and in the few minutes it took me to log back on, Dreamliner has already made the point I was going to make!

Remember that just because you have these levels on you chart, that doesn't mean that the pips will start rolling in!! You have to know how to trade these levels. Andrewkin has stated that he is not providing a trading system, merely some accurate levels to help more experienced traders make more pips.

Maybe there is some way I can post some of my trades in near-real-time to help less experienced traders get a handle on some possible techniques. (As you know, I use PA in conjunction with significant levels, but this is not the only way to skin this cat. Different traders will have different ideas.)

Problem may be though that I can't post charts as that would give away the levels to non-subscribers....

Hmmm.....http://cdn.forexfactory.com/images/s...lling_eyes.gif May have to ponder that one....

OD
  • #132
  • Jan 9, 2011 8:18am Jan 9, 2011 8:18am
Old Dog,

You are quite possibly what this thread has needed; the inventors are not as much traders as mathematicians, and have provided an excellent service here, but we need to know how to actually trade the numbers.

So possibly you can help us. Can you explain how you trade these?

Thank you.

Quoting Old_Dog
Good day,

Well, I've had a very good first week with the levels and a lot of fun! http://cdn.forexfactory.com/images/s...m/big_grin.gif

In some cases, they are very close to my own levels, in others they are quite different....
  • #133
  • Jan 9, 2011 10:08am Jan 9, 2011 10:08am
Quoting Old_Dog
Problem may be though that I can't post charts as that would give away the levels to non-subscribers....

Hmmm.....http://cdn.forexfactory.com/images/s...lling_eyes.gif May have to ponder that one....

OD
Perhaps Andrewkin would allow it this month since the January levels are free.

How about it Andrewkin?
  • #134
  • Jan 9, 2011 1:02pm Jan 9, 2011 1:02pm
Quoting Old_Dog
Good day,

Well, I've had a very good first week with the levels and a lot of fun! http://cdn.forexfactory.com/images/s...m/big_grin.gif

In some cases, they are very close to my own levels, in others they are quite different....
Hi Old Dog,

We are delighted that you are finding our FMRL numbers useful.

Your presence greatly adds to the value of our thread.

So feel free to contribute as much and as often as you like here.

We would all benefit from your knowledge and trading experience.

If you explain how you use our numbers we will give them to you FREE.

Andrew
Attached Image
  • #135
  • Edited Jan 10, 2011 5:34am Jan 9, 2011 1:17pm | Edited Jan 10, 2011 5:34am
Hello Evaluators,

Here are the FMRL numbers for the week 10 - 14 January 2011.

Or you can get them in csv format HERE (http://www.nysco.co.uk/ah7g9qq20pl456nmazkd239a-10JAN2011-14JAN2011.html).

The monthly numbers for January are unchanged.

Attached Image (click to enlarge)
Click to Enlarge Name: Nysco-Levels-Sun-09-Jan-Fri-14-Jan-2011.PNG Size: 52 KB


We expect to fix the unreliable web server problem this week.

We hope our FMRL numbers contribute to you trading success.

It would be nice to know ...

Andrew
Attached Image
  • #136
  • Jan 9, 2011 6:19pm Jan 9, 2011 6:19pm
Quoting leemonk
Hi Andrew,

I am having problems accessing the link on post #87.

Should it still be working?

Regards

Lee
Apologies Lee,

You were quite right

The server is not performing.

We will change it during the week.

Meanwhile we will publish our FREE numbers here.

This week's FMRL numbers are in post #135 on page 9.


Andrew
Attached Image
  • #137
  • Jan 10, 2011 1:57am Jan 10, 2011 1:57am
Thanks for the levels Andrew, I have them on my euro chart and will monitor this week
  • #138
  • Jan 10, 2011 2:16am Jan 10, 2011 2:16am
Quoting Andrewkin

Wrong Pairs?

We are inclined to forget the JPY pairs as they don't stack up.

Would you like to see any other pairs? USDCAD? USDCHF? WHAT?


Thanks,

Andrew
How about AUD/USD?

Thanks for posting the January numbers.
  • #139
  • Jan 10, 2011 5:37am Jan 10, 2011 5:37am
Quoting billflet
How about AUD/USD?

Thanks for posting the January numbers.
Hi billflet,

AUDUSD will be posted this afternoon.

Andrew
Attached Image
  • #140
  • Jan 10, 2011 5:40am Jan 10, 2011 5:40am
The new server is up and ready to use.

HERE (http://www.nysco.co.uk/ah7g9qq20pl456nmazkd239a-10JAN2011-14JAN2011.html).

Apologies again for the performance issues.

Andrew
Attached Image
2 traders viewing now