HEAVY Support/Resistance System | Page 13 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

New Support And Resistance System Test 14 replies

Support And Resistance Trading System 5 replies

Question about Breaking Resistance and Support System 2 replies

Support & Resistance (RSI, Stochastic) System 3 replies

heavy Forex challenge 5 replies

Attachments: HEAVY Support/Resistance System
Exit Attachments

HEAVY Support/Resistance System

  • #241
  • Apr 30, 2014 6:02am Apr 30, 2014 6:02am
Quoting chaosbun
{quote} Congrat !! ------------------------ AUD/USD Short Trend line entry {image} SL would be at the heavy resistance approx 0.9320 or so..
Position close. 14 pips profit.
Learn to Trade is Important. Keep your bias & ego aside.
  • #242
  • Apr 30, 2014 6:37am Apr 30, 2014 6:37am
Looks like my small eur usd entries goes wrong. Got to add again at the downside trend line coming at 1.386x

Open new position of USD/JPY long

Attached Image (click to enlarge)
Click to Enlarge Name: ujj.png Size: 43 KB
Learn to Trade is Important. Keep your bias & ego aside.
  • #243
  • Apr 30, 2014 8:15am Apr 30, 2014 8:15am
Look like I should stick to my system.

Added eur usd short at upside of daily trendline.
Learn to Trade is Important. Keep your bias & ego aside.
  • #244
  • Apr 30, 2014 9:27am Apr 30, 2014 9:27am
EU resistance level 1.3870 pretty strong and touching TL on 4H chart. think it will go down?
  • #245
  • Apr 30, 2014 10:29am Apr 30, 2014 10:29am
Quoting ash0
EU resistance level 1.3870 pretty strong and touching TL on 4H chart. think it will go down?
Yes I think it should hold, or at least 1.39 should be a protective zone. but we never know how dovish the fed can be.

I added big lot at EUR/USD for 1.387 zone since its at my daily trendline.
Learn to Trade is Important. Keep your bias & ego aside.
  • #246
  • Apr 30, 2014 12:31pm Apr 30, 2014 12:31pm
Can any have this type of S&R.Please inform me indicator name or upload.
Attached Image (click to enlarge)
Click to Enlarge Name: sr.PNG Size: 21 KB
  • #247
  • May 1, 2014 2:27am May 1, 2014 2:27am
I see from graph, I think usdcad, can buy at 1.0985. What do you think chaos? stop at 1.090
  • #248
  • May 1, 2014 5:38am May 1, 2014 5:38am
Quoting Kuat
I see from graph, I think usdcad, can buy at 1.0985. What do you think chaos? stop at 1.090
Seems okay to me, like rebouncing from low.
Learn to Trade is Important. Keep your bias & ego aside.
  • #249
  • May 1, 2014 5:40am May 1, 2014 5:40am
Use this information for your benefits.

Option expiries 10am NY cut 1 May - in 3 Hrs 21 minutes from now.

 

  1. EURUSD 1.3800 (EUR 673m) 1.3815 (USD 691m) 1.3835 1.3850 (EUR 800m)

​This could be maybe 1 of the reason why euro won't fall. We might see some actions after option expiry at ISM Manufacturing PMI release hour and the party squaring up their position and its friday tommorow.


Just a extra piece of information. Trade safe my fellow traders

Learn to Trade is Important. Keep your bias & ego aside.
  • #250
  • May 1, 2014 7:54am May 1, 2014 7:54am
guess after 10am, it will move drastically
  • #251
  • May 1, 2014 8:40am May 1, 2014 8:40am
guess after 10am, it will move drastically
  • #252
  • May 1, 2014 1:09pm May 1, 2014 1:09pm
Quoting chaosbun
Looks like my small eur usd entries goes wrong. Got to add again at the downside trend line coming at 1.386x Open new position of USD/JPY long {image}

Not seeing any heavy support for this USDJPY trade to go long......
  • #253
  • Edited 10:30pm May 1, 2014 9:53pm | Edited 10:30pm
USD JPY heavy support was at 101.9x near 102 zone. It was push up as you can see in the past 24 hours happening to that chart.

USD/JPY also up about 20 pips in the past short few hours because of US yield touch support at 2.60 and bounce to 2.63 now.
Well they are related - US Yield & USD/JPY pair

>> http://www.marketwatch.com/investing/bond/10_year

---Positioning---

I just close some of my eu short open @ 1.3884 on price 1.3861 to reduce my exposure, now my SL stretch as far as near for the rest of my positions 1.4 and I am confident for tonight play because of the wide SL and E/U trendline play

Lets earn some profit. I got no idea if NFP will be as good as expected, but its always better to trade safe.
Don't over trade than what your account size can tolerate.
Learn to Trade is Important. Keep your bias & ego aside.
  • #254
  • May 2, 2014 12:52am May 2, 2014 12:52am
So tempted to short eur/usd now. Trend seems good

I scalped yesterday for small profit..waited 2 hours no big movement down..
  • #255
  • May 2, 2014 1:32am May 2, 2014 1:32am
H4 > USD/CAD Downside Uptrend play.

Attached Image (click to enlarge)
Click to Enlarge Name: usdcad.png Size: 37 KB


I added long position at current price.

On top of up trend line

2 Heavy Support at

> 1.0950
> 1.0940
Learn to Trade is Important. Keep your bias & ego aside.
  • #256
  • May 2, 2014 1:37am May 2, 2014 1:37am
GBP/USD Down Trend Play - H1 chart

Attached Image (click to enlarge)
Click to Enlarge Name: guu.png Size: 34 KB
Learn to Trade is Important. Keep your bias & ego aside.
  • #257
  • May 2, 2014 4:54am May 2, 2014 4:54am
If nfp data is good and unemployment rate is fine

I am looking for long aud usd at 0.922x or 0.9204
Learn to Trade is Important. Keep your bias & ego aside.
  • #258
  • May 2, 2014 8:16am May 2, 2014 8:16am
All my eur usd . Usd chf. Gu . Ucad close in profit.

0 position now
Learn to Trade is Important. Keep your bias & ego aside.
  • #259
  • Edited 9:03am May 2, 2014 8:46am | Edited 9:03am
Ignore my message of not open AUD/USD.

My hand is itchy as the heavy support is very nice down there. I just open at 3 accounts of mine and earn the swaps over weekend.

Should be able grind some profit next week with this.

Attached Image (click to enlarge)
Click to Enlarge Name: auu.png Size: 37 KB
Learn to Trade is Important. Keep your bias & ego aside.
  • #260
  • May 2, 2014 8:52am May 2, 2014 8:52am
Chaosbun
good call on the EURUSD I jumped in at 1.3865 and stayed with it till the NFP for 50 pips
you sure do have a great eye for the trend lines, support and resistance, I am hoping to learn from you and
I thank you for being so generous to show what you do in your post
and like to wish you all the very best
0 traders viewing now