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jmss59 replied Nov 22, 201323.6 The level is considered broken when the price is rising from - 59 pips lower level 100. That is, the price should come from 0.9024 and break in + 14 pips the level 23.6.
Are support and resistance levels predetermined?
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jmss59 replied Nov 22, 2013Close the operation EUR-USD. Are weekend and we think the market will not move much . When the weekend comes I close all operations.
Are support and resistance levels predetermined?
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jmss59 replied Nov 22, 2013UDS - JPY .I do not like this pair, it is very slow, change the eur-jpy. I close the operation that had open + 22
Are support and resistance levels predetermined?
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jmss59 replied Nov 22, 2013The EUR-CAD finally reached its target of 47 pips.
Are support and resistance levels predetermined?
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jmss59 replied Nov 22, 2013EUR-CAD May have more relevance this entry, if we consider that the template 220, is also in bullish phase development
Are support and resistance levels predetermined?
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jmss59 replied Nov 22, 2013Summary open trades . MM: I do not like big DD support , so I use the traditional system : Entry - objective - stop , and apply in my operations RR 1:2 , ie 24 pips stop by 47 pips profit . Result of operations : AUD-USD: +47 EUR-USD: -24 GBP-USD: ...
Are support and resistance levels predetermined?
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jmss59 replied Nov 21, 2013The EUR - CAD, finally reached his goal of 47 pips .
Are support and resistance levels predetermined?
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jmss59 replied Nov 21, 2013The NZD - USD , finally reached his goal of 47 pips
Are support and resistance levels predetermined?
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jmss59 replied Nov 21, 2013Hollowhead, I understand that if the price breaks the 38.2 level ( 1.34715 ) + 10 pips, go to the 76.4 level ( 1.35556 )??
Are support and resistance levels predetermined?
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jmss59 replied Nov 21, 2013BTW - what do you use to annotate your charts? url
Are support and resistance levels predetermined?
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jmss59 replied Nov 21, 2013I use line-based monthly, to my way of operating need most recent data. I consider it a more annual baseline for medium to long term.
Are support and resistance levels predetermined?
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jmss59 replied Nov 21, 2013I understand, you're operator medium to long term, I am intraday trader. The movement for me may be a change in trend to yourself is a pullback.
Are support and resistance levels predetermined?
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jmss59 replied Nov 21, 2013We continue with the template T-103, now with the NZD-USD
Are support and resistance levels predetermined?
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jmss59 replied Nov 21, 2013The AUD-USD, finally reached his goal of 47 pips.
Are support and resistance levels predetermined?
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jmss59 replied Nov 21, 2013Hi hollowhead. What think you, my analysis is correct?
Are support and resistance levels predetermined?
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jmss59 replied Nov 20, 2013The market has not memory, but if it makes moves that are measurable and can calculate the levels where the price is more likely to come. In Abonacci system has the utmost importance the baseline calculation to determine price levels. It is true ...
Are support and resistance levels predetermined?