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S/R + PA Discussion
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Member Since Sep 05, 2009 90 posts
PeterFM
Feb 10 2010 at 20:32
AUDUSD Trades 9/10 Feb 2010
http://peterfmsr.blogspot.com/2010/02/audusd-trades-910-feb-2010.html ---------- <a href='  '/></a>All I need is Support and Resistance Attachments:
audusd_Feb._09_2010.jpg
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Member Since Sep 05, 2009 90 posts
PeterFM
Feb 11 2010 at 14:29
(edited Feb 11 2010 at 14:31 )
Last Aus trade closed with 74 pips profit. I thought at one stage we would hold above the most recent significant Daily close line at .8868 (shown in blue in this image) but price just took us out on the dip below that level.
---------- <a href='  '/></a>
All I need is Support and Resistance Attachments:
audusd_Feb._11_2010.jpg
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Member Since Oct 02, 2009 43 posts
doshur
Feb 11 2010 at 18:30
what s/r indicator are you using?
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Member Since Jan 05, 2010 92 posts
PipCollector
Feb 11 2010 at 18:39
doshur posted: what s/r indicator are you using? He's not using any indicators, support and resistance levels are determined by pure price action. Patience is a virtue. |
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Member Since Sep 05, 2009 90 posts
PeterFM
Feb 11 2010 at 22:45
(edited Feb 11 2010 at 22:46 )
doshur posted:
what s/r indicator are you using? PipCollector is correct. Support and Resistance levels are easily determined by looking at the charts. My way is not unique but is based on a method that I haven't seen explained fully anywhere else. Here's a copy of a reply I posted to another message. I'm not touting for business as such but if you look at some of the videos there are clues there. Of course, like anything else in FX, having the ability to mark a chart up is no use unless you have a solid method of trading the levels. That you'll have to find out for yourself. ------------ There's a bit more info about me on my blog http://peterfmsr.blogspot.com/ I've got some students I'm mentoring at the moment but I should be free in a week or so. If you are still interested then send me a message on the email that's in my profile and I'll send you a brief outline of the course. I can also supply you with a testimonial should you need it. You need to understand that I don't have a system or specific method as such but what do I teach can be used as the building blocks for any method you want to create around it or apply to it. Unfortunately, I can't do this for free any more as it very time consuming if done properly. Let me know what you think about this and if I don't hear from you again I will fully understand. Pete All I need is Support and Resistance |
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Member Since Sep 05, 2009 90 posts
PeterFM
Feb 16 2010 at 10:57
(edited Feb 16 2010 at 11:00 )
All I need is Support and Resistance |
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Member Since Sep 05, 2009 90 posts
PeterFM
Feb 16 2010 at 21:30
Trades closed in profit and a new one opened. Here's a video outlining some thoughts on trade management.
---------- http://peterfmsr.blogspot.com/2010/02/audusd-16-feb-2010-trade-closed.html All I need is Support and Resistance |
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Member Since Oct 02, 2009 43 posts
doshur
Feb 20 2010 at 10:45
(edited Feb 20 2010 at 10:46 )
i have develop a indicator which draw s/r line automatically, try and tell me how is it.
http://codebase.mql4.com/6376 |
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Member Since Sep 05, 2009 90 posts
PeterFM
Mar 12 2010 at 11:42
Details of the last AUDUSD trade. If you have any questions then please get back to me.
http://peterfmsr.blogspot.com/2010/03/audusd-trade-3rd-march-2010.html ----------- <a href='  '/></a>
All I need is Support and Resistance Attachments:
audusd_Mar._12_2010.jpg
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Member Since Oct 24, 2009 10 posts
K (fxknkw987)
Mar 30 2010 at 00:55
Glad to see you back in action Peter.
Persistence with no other options |
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