FTB Support/Resistance | Forex Factory

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FTB Support/Resistance

  • #1
  • First Post: Jul 2, 2013 9:53am Jul 2, 2013 9:53am
After a long absence i decided to came back to try this method,here are my rules.

1) I am going to look for Rounded Retest (RR) over support and resistence area on H4 and D1 time frame.Entry and stop loss will be determined on h1.
The essential condition must be the price to rivisit the area for the first time (FT Back).

The kind of RR i am going to trade must be similar to the one showed in the attached example.....simple and clear.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: usdChf_example.png Size: 34 KB
Click to Enlarge Name: reference trade.png Size: 58 KB
Patience is essential
  • #2
  • Edited Jul 3, 2013 2:06am Jul 2, 2013 11:48am | Edited Jul 3, 2013 2:06am
Trade 1# Gbp/Jpy


Nice area to look for RR

Entry@ 152.11
Stop loss 151.55

Risk 56 pips

Resoult: Miss the entry by 2 pips...i am going to pull the order
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gbpjpyh4a.png Size: 58 KB
Click to Enlarge Name: GbpJpy1.png Size: 33 KB
Click to Enlarge Name: gbpjpyh12.png Size: 58 KB
Patience is essential
  • #3
  • Jul 2, 2013 12:12pm Jul 2, 2013 12:12pm
GL Benem
  • #4
  • Jul 2, 2013 1:30pm Jul 2, 2013 1:30pm
Quoting sam0182
GL Benem
Hi Sam, thank you...i haven't seen you for a long time...i hope you're ok.
Every advise from you is more than welcome.

See you.
Patience is essential
  • #5
  • Edited Jul 25, 2013 12:15am Jul 24, 2013 7:16am | Edited Jul 25, 2013 12:15am
Trade # 2 Usd/Cad

Entry@ 1.0249
Stop Loss@ 1.0165

TP@ 1.0275

Risk 87 pips

Result: Entry missed by few pips (12).I am going to cancel the order.



I have seen price coming near to my entry level and doing a Buob on H1.It could be an additional entry to the missed Buy limit order.

Attached Images (click to enlarge)
Attached Image(s) (click to enlarge)
Click to Enlarge Name: UsdCad_2407.png Size: 26 KB
Click to Enlarge Name: usdcadh4ii.png Size: 52 KB
Click to Enlarge Name: usdcadh1ii.png Size: 45 KB
Patience is essential
  • #6
  • Edited 5:02pm Oct 15, 2013 1:18pm | Edited 5:02pm
Trade # 3 USD/CHF

Looking to fade this level @ 0.9133 stop loss 0.9088

Risk 46 pips
Attached Image(s) (click to enlarge)
Click to Enlarge Name: usdchfh4a.png Size: 43 KB
Click to Enlarge Name: usdchf_h1b.png Size: 38 KB
Patience is essential
  • #7
  • Oct 16, 2013 7:46am Oct 16, 2013 7:46am
Trade # 4 Gbp/usd
Attached Image (click to enlarge)
Click to Enlarge Name: GbpUsd_h1a.png Size: 30 KB
Patience is essential
  • #8
  • Oct 20, 2014 3:45am Oct 20, 2014 3:45am
Trade 5 # Eur/Gbp
Attached Image (click to enlarge)
Click to Enlarge Name: Eurgbp_1.png Size: 34 KB
Patience is essential
  • #9
  • Oct 20, 2014 11:55am Oct 20, 2014 11:55am
Quoting benem
Trade 5 # Eur/Gbp {image}
Entry missed by three pips
Attached Image (click to enlarge)
Click to Enlarge Name: Eurgbp_2.png Size: 25 KB
Patience is essential
  • #10
  • Edited 2:59pm Oct 21, 2014 2:34pm | Edited 2:59pm
Trade 6# Eur/Aud

Edit: i am not going to trade this set up due to the Australian CPI release coming out in a few hours.
Attached Image (click to enlarge)
Click to Enlarge Name: euraud1.png Size: 29 KB
Patience is essential
  • #11
  • Oct 22, 2014 2:20am Oct 22, 2014 2:20am
Quoting benem
Trade 6# Eur/Aud Edit: i am not going to trade this set up due to the Australian CPI release coming out in a few hours. {image}
It would have been a good entry but i was scared of the coming news
Attached Image (click to enlarge)
Click to Enlarge Name: EURAUD2.png Size: 51 KB
Patience is essential
  • #12
  • Last Post: Oct 22, 2014 8:14am Oct 22, 2014 8:14am
Trade 7# Usd/Chf
Attached Image (click to enlarge)
Click to Enlarge Name: Usdchf1.png Size: 31 KB
Patience is essential
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