Disliked{quote} Thanks Rover and Sunny for the explanation. That's why I see those pesky gaps! Mind you, I do like to trade them sometimes.Ignored
Indentify > Plan > Accept > Execute
The Support Resistance Switch Method - Trade with one line 91 replies
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Disliked{quote} Thanks Rover and Sunny for the explanation. That's why I see those pesky gaps! Mind you, I do like to trade them sometimes.Ignored
DislikedHello everyone Great thread Pharley, i just suscribed. Your trading style is pretty much what I've been around the last six month. there are few difference here and there but similar concept. I'll to post some trades and/or any new trading opportunities.👍Ignored
Disliked{quote} Hi Rover99x. I'm really enjoying your posts keep'em coming. Just wanted to clarify that most people think that the currency market (forex) is closed during the weekend, but this is not true. It is only closed to retails traders, but it is always open for the central banks and the related organizations. Currency transactions are always done electronically and can not be stopped even for one second. When the market is open and buying and selling are ongoing, then the price...Ignored
DislikedTrade 3 - not really a pullback on the 4hr, but movement on the 15m - yes I don't normally go to 15m, but it's moving up quickly. Plus, both T1 and T2 are safe and in profit so I had zero risk. Also, if price comes back to hit stops for everything, the profits from T1 and T2 far outweigh a loss from T3. Took early also because I have to go sleep. Cheers {image}Ignored
DislikedTrade 3 - not really a pullback on the 4hr, but movement on the 15m - yes I don't normally go to 15m, but it's moving up quickly. Plus, both T1 and T2 are safe and in profit so I had zero risk. Also, if price comes back to hit stops for everything, the profits from T1 and T2 far outweigh a loss from T3. Took early also because I have to go sleep. Cheers {image}Ignored
DislikedI can't put a chart right now but there is an interesting possible trade on eurus. The resistance area is not AAA but still a valid short trade. price just wast rejected on 1.11 area so I am waiting to see if itgoes deeper and then retrace 50%. Dependind on the broker I got a pin bar or an engulf 4H.Ignored
Dislikedwizlon32, I prefer to keep things simple, so no indicators, oscilators,etc.Ignored
Disliked{quote} I was just referring to the trend lines mate. Price is currently near the tip of a wedge. Who knows which direction it will break out.Ignored
DislikedTrade 3 - not really a pullback on the 4hr, but movement on the 15m - yes I don't normally go to 15m, but it's moving up quickly. Plus, both T1 and T2 are safe and in profit so I had zero risk. Also, if price comes back to hit stops for everything, the profits from T1 and T2 far outweigh a loss from T3. Took early also because I have to go sleep. Cheers {image}Ignored
DislikedTrade 3 - not really a pullback on the 4hr, but movement on the 15m - yes I don't normally go to 15m, but it's moving up quickly. Plus, both T1 and T2 are safe and in profit so I had zero risk. Also, if price comes back to hit stops for everything, the profits from T1 and T2 far outweigh a loss from T3. Took early also because I have to go sleep. Cheers {image}Ignored
DislikedThis is turning into a great thread, thanks to pharley for starting it and laying out his Support and Resistance method. I've been a member on FF for some six years now and have been trading Indices and Futures, and lately Spot FX, on and off for longer than I care to remember. And this is the only thread I've felt really able to contribute to to any meaningfully extent. One thing that I've really learnt in this business is that you have to have belief, belief in yourself and belief in your method of trading in that your method gives you an edge....Ignored