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How to know if a S/R level is going to hold or break

  • #41
  • Jun 18, 2016 4:22pm Jun 18, 2016 4:22pm
Hi castaluna,

I want to add 2 things:
X axis = Time

Start of Month or End of Month

Day in week, Monday vs Friday

Time in Day, Asia or London or New York Session

Y axis = Price

Do price push through your S/R in one hour?

What are other pairs of those 2 currency doing? (Do they push through S/R too?)

Like GBP/USD: EUR/GBP, GBP/CHF, GBP/JPY vs EUR/USD, USD/CHF, USD/JPY

Is Market currently One-Way or Two-Way? (Providers to Consumers)



Have a nice Sunday!
When you lose, I'm the loudest who laugh at your face )
  • #42
  • Jun 19, 2016 2:08am Jun 19, 2016 2:08am
Quoting Zelo
Hi castaluna, I want to add 2 things: X axis = Time Start of Month or End of Month Day in week, Monday vs Friday Time in Day, Asia or London or New York Session Y axis = Price Do price push through your S/R in one hour? What are other pairs of those 2 currency doing? (Do they push through S/R too?) Like GBP/USD: EUR/GBP, GBP/CHF, GBP/JPY vs EUR/USD, USD/CHF, USD/JPY Is Market currently One-Way or Two-Way? (Providers to Consumers) Have a nice Sunday!
Hi Zelo,

I don' understand clearly.
Please add screenshots.. or something.

Thanks
  • #43
  • Last Post: Jun 19, 2016 2:47am Jun 19, 2016 2:47am
Quoting RoelsMajor
{quote} I choose term that You can follow it "hardly" when you have your own terms clues. Just that. For Me, The first clue is My Trend is My Friend.
Sorry, but I have no idea what you said? Also, great, you probably should follow the trend. I trade ranges though, so that is why s/r lines are not important to me. I do not care about yesterday's data, last week's data, last month's data, or last year's data. That is dead history. I trade according to today. I also don't trade 1Hr charts because they are too slow motion for me, and not very profitable. I merely follow the majority of the market as it moves up and down. Good Luck to you.
You cannot be extraordinary by being normal
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