Are support and resistance levels predetermined? | Page 85 | Forex Factory

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Are support and resistance levels predetermined?

  • #1,681
  • Mar 19, 2014 11:55am Mar 19, 2014 11:55am
finally the price has reached the initial target expected. While I have not controlled my emotions - fear - and I made a hasty decision, positive note I closed with 25 pips profit.
  • #1,682
  • Mar 19, 2014 12:13pm Mar 19, 2014 12:13pm
Quoting jmss59
finally the price has reached the initial target expected. While I have not controlled my emotions - fear - and I made a hasty decision, positive note I closed with 25 pips profit.
someone still up

I'm still waitin the target AUD/USD until 0,90120
May the odds be ever in your favor
  • #1,683
  • Mar 19, 2014 12:47pm Mar 19, 2014 12:47pm
Quoting HanHanid
{quote} someone still up I'm still waitin the target AUD/USD until 0,90120
template that you get in? because they block
  • #1,684
  • Mar 19, 2014 12:52pm Mar 19, 2014 12:52pm
Quoting HanHanid
{quote} someone still up I'm still waitin the target AUD/USD until 0,90120
I'm with you - there are three bull targets to hit, T4F, T5_2_2 and T4Y_1130.
  • #1,685
  • Mar 19, 2014 3:24pm Mar 19, 2014 3:24pm
so do you all think it will be heading up now since it's hit the expected bottom? (according to the charts that is.. for gbpusd)
  • #1,686
  • Mar 20, 2014 12:58am Mar 20, 2014 12:58am
Quoting shon9178
so do you all think it will be heading up now since it's hit the expected bottom? (according to the charts that is.. for gbpusd)
After reaching level 200 of the last downward impulse wave, the price must be rectified to the area 38.2 - 61.8 fibo red to restart from there another bearish momentum.
I will continue weekly being bear. For now it be intraday bull.
Attached Image (click to enlarge)
Click to Enlarge Name: gbp-usd 20-03-14.png Size: 37 KB
  • #1,687
  • Mar 20, 2014 1:11am Mar 20, 2014 1:11am
Quoting jmss59
{quote} After reaching level 200 of the last downward impulse wave, the price must be rectified to the area 38.2 - 61.8 fibo red to restart from there another bearish momentum. I will continue weekly being bear. For now it be intraday bull. {image}
Thank you. Your charts are really good indicators.
I only have guesses using conventional indicators, but seems your chart just confirms some of my question marks to certainty. It gives much assurance.
  • #1,688
  • Mar 20, 2014 1:32am Mar 20, 2014 1:32am
My goals for the bullish intraday are small, I go 5 pips above the level +23.6 targeting 10 pips and stop 6 pips below 0 and if bankruptcy +50 level, on 5 pips 10 pips looking. Below the level of sales -23.6 I think.
Attached Image (click to enlarge)
Click to Enlarge Name: gbp-usd 20-03-14 1.png Size: 25 KB
  • #1,689
  • Mar 20, 2014 1:39am Mar 20, 2014 1:39am
Quoting jmss59
My goals for the bullish intraday are small, I go 5 pips above the level +23.6 targeting 10 pips and stop 6 pips below 0 and if bankruptcy +50 level, on 5 pips 10 pips looking. Below the level of sales -23.6 I think. {image}
Reached the first target of 10 pips.
  • #1,690
  • Mar 20, 2014 2:28am Mar 20, 2014 2:28am
EU T5_103 short -TP 1.37647
  • #1,691
  • Mar 20, 2014 3:52am Mar 20, 2014 3:52am
Quoting hollowhead
EU T5_103 short -TP 1.37647
That's right, I've gone and I could not put the chart. Now and has achieved the expected objective.
Attached Image (click to enlarge)
Click to Enlarge Name: eur-usd 20-03-14.png Size: 30 KB
  • #1,692
  • Edited 4:24am Mar 20, 2014 4:02am | Edited 4:24am
Quoting jmss59
{quote} That's right, I've gone and I could not put the chart. Now and has achieved the expected objective. {image}
so that means since it's hit 23.6, it should be retracing upwards now?

-- sorry dumb question --
  • #1,693
  • Mar 20, 2014 4:48am Mar 20, 2014 4:48am
Quoting shon9178
{quote} so that means since it's hit 23.6, it should be retracing upwards now? -- sorry dumb question --
One hopes that the price reaches some fibo level, the nearest 161.8, if pull-back hits and breaks the 38.2 level up 7 pips enter long, but carefully because the downtrend is strong.
If the price continues going down next fibo level is 200 which coincides with the sale in the abonacci system.
Attached Image (click to enlarge)
Click to Enlarge Name: eur-usd 20-03-14 1.png Size: 33 KB
  • #1,694
  • Mar 20, 2014 4:55am Mar 20, 2014 4:55am
Quoting hollowhead
EU T5_103 short -TP 1.37647
How's my favorite Lego solider going?

Inserted Video


Fix it!
Howlin' at the Moon on the Roof
  • #1,695
  • Mar 20, 2014 4:59am Mar 20, 2014 4:59am
Quoting Wolf_Wicked
{quote} How's my favorite Lego solider going? http://www.youtube.com/watch?v=ND1OxDoNL8I Fix it!
Doing ok thanks. How's my favorite pooch?
  • #1,696
  • Mar 20, 2014 5:01am Mar 20, 2014 5:01am
Quoting hollowhead
{quote} Doing ok thanks. How's my favorite pooch?
very OK.. but there's only a select few I let call me that.. Be cool

Inserted Video
Howlin' at the Moon on the Roof
  • #1,697
  • Mar 20, 2014 7:32am Mar 20, 2014 7:32am
activated a sell in this pair GU
Attached Image (click to enlarge)
Click to Enlarge Name: gbp-usd 20-03-14 2.png Size: 30 KB
  • #1,698
  • Mar 20, 2014 9:40am Mar 20, 2014 9:40am
Quoting jmss59
activated a sell in this pair GU {image}
skipped the stop at the next operation of this pair GU, I will come with the position twice with 1 lot.
  • #1,699
  • Mar 20, 2014 12:25pm Mar 20, 2014 12:25pm
Quoting jmss59
{quote} That's right, I've gone and I could not put the chart. Now and has achieved the expected objective. {image}

My chart looks significantly different from yours. Could you explain to me the difference? Thank you
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd-h4-fxdirectdealer.png Size: 38 KB
  • #1,700
  • Mar 20, 2014 12:33pm Mar 20, 2014 12:33pm
Quoting iwavetrade
{quote} My chart looks significantly different from yours. Could you explain to me the difference? Thank you {image}
their baseline (pink line) is erroneous, should be 1.3851
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