USDJPY, DAILY (NOVEMBER 3-6, 2015) The momentum of USDJPY is still struggling to finish its mission. Although it looks like bullish for couple days until now, but the momentum actually is down. It seemed like there were sudden moments pushing up ...

Determining Support & Resistance

Logically, the highest peak of previous day and the lowest peak of previous day should be used (whether one hour, 4 hours time frame or 1 day time frame). Thank you :-)

Determining Support & Resistance

USDJPY, DAILY (NOVEMBER 3-5, 2015) USDJPY is DOWN. Finally, all previous (November 3-4, 2015) delayed momentum will be accomplished today by running on SHORT direction. Beware, there will be huge "down" movement today or cut loss should be attained. ...

Determining Support & Resistance

Although the direction could be either way, but at least we could aware for how far we could push our luck. image And today, Intraday Analysis. USDJPY, DAILY (NOVEMBER 3-4, 2015) USDJPY is continuing previous (November 3, 2015) delayed momentum, ...

Determining Support & Resistance

Hi, I have no expertise on this case, including while talking about this thread only half or a little bit of it. But I am going to discuss it philosophically, in general. The point is that any indicator is good to be applied on trading activity. The ...

Determining Support & Resistance

BO = Breakout? Breakout (in my opinion) it's a sudden movement, rapid movement. According to Physics it has Velocity (Distance/Time) bigger than mostly compared to a different time within bigger time frame. So, breakout on 30 minutes timeframe would ...

Determining Support & Resistance

According to the system, it's already mentioned on the picture above. But for me personally, at the end of today is my stop loss, including my take profit, but it could be changed dynamically depending on situation. But if something happen unusual, ...

Determining Support & Resistance

Hi HighFivve Could you explain to me what BO means? Could you elaborate a little? Thank you :-)

Determining Support & Resistance

Today i took order on USDJPY just about now. And this is an example for today's chart USDJPY intraday analysis (November 3, 2015). It might be going down for today or perhaps tomorrow would be accomplished.

Determining Support & Resistance

For GBPUSD currently (today) might be like this (less or more). Thank you :-)

Determining Support & Resistance

Hi Recovery, Hi AlamHakim Thank you :-) Yes, you are correct, we can only go as closest as we can, and at least hopefully this BB could represent our confusion and reduce the level of subjectivity. And, yes, perhaps this image below could be used as ...

Determining Support & Resistance

You are most welcome :-) Thank you :-)

Determining Support & Resistance

Hi what does it mean? Could you elaborate a little bit more. Thank you

Determining Support & Resistance

Hi About finding direction, i already did it just before touching the lines. You can see it on my trade explorer, as i always made an open position at the very early stage of a day, it's at approximately 23:59.59 on MT4 SERVER, or 20:59.59 on ...

Determining Support & Resistance

DETECTING BREAKOUT RESPONSIVELY (another way applying BB[6]) I would like to add a little bit more of how we can apply BB[6] further. Using BB[6] we could detect a breakout at the very early stage and clearly spotted. We just have to adjust time ...

Determining Support & Resistance

Okay :-) Thank you :-)

Determining Support & Resistance

Not to forget, hi Xela For him (Sulz) , he is an expert. And i hardly tried to determine using purely price action trading, but currently it's hard for me to see it without getting help of Bollinger Band to see a consistent boundary. But perhaps ...

Determining Support & Resistance

Within a year of my research, although during that time i was using it rarely just for a precaution when my open position was floating, hehehe :-) Thank you :-)

Determining Support & Resistance

It could be, but usually i was using it to warn me for how far i still had to go up/down. For how far (compared to average of daily movement) still there was reasonable chance to up/down. So, mostly i did took order first with another strategy and ...

Determining Support & Resistance

Seriously i would accept any suggestion or opinion. So that's okay for me - SERIOUSLY :-) Thank you :-)

Determining Support & Resistance