DislikedPoint taken, and as ever it has to be different strokes for different folks. I have tried taking what I thought was the easy route and jumping in on the pair that is moving the most but I couldn't make it work.
For me knowing that 1.4310 was key S&R and the 38 fib made me an awful lot of money yesterday, if I was looking at 10 or 12 pairs I doubt if I would have known where best to get in or what to shoot for.Ignored
DislikedWatching anything more than 12 pairs even when using a daily method can become very monotonous and that is certainly not the direction i am going here. What i am attempting to do here is locate a single pair, perhaps two pairs with the highest probability of success. In doing this, i hope to establish not only directional bias, but also polar opposites. Extremely strong vs extremely weak.Ignored
I do not watch 10 pairs.. with this setup it is like watching 5 currencies (not pairs)
Where I drew those boxes is what I look at together... I drew those red and blue boxes to show you its not as chaotic as it looks
but even if you wanted to consider it watching 10 pairs you will find they are correlated.. most the time where 1 support and resistance place is for say the eur/usd.. when it hits that point you'll notice the rest are hitting a major support and resistance.. (just a side note)
and yes different strokes for different folks.. I said it in "A million ways to make money" thread so I wont repeat
but just saying.. you capitalize on 4310 with your method.. I took profits at 4328 with my method so were both pretty close to the high of the day