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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
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<a href='http://www.myfxbook.com/files/PeterFM/audusd_Mar._12_2010.jpg' target='_blank'><img src='http://www.myfxbook.com/files/PeterFM/audusd_Mar._12_2010.jpg'/></a>
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Trades closed in profit and a new one opened. Here's a video outlining some thoughts on trade management.
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http://peterfmsr.blogspot.com/2010/02/audusd-16-feb-2010-trade-closed.html
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AUDUSD add-in trade 16 Feb 2010
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http://peterfmsr.blogspot.com/
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[quote]doshur posted:
what s/r indicator are you using?
[/quote]
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 yourse......
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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.
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<a href='http://www.myfxbook.com/files/PeterFM/audusd_Feb._11_2010.jpg' target='_blank'><img src='http://www.myfxbook.com/files/PeterFM/audusd_Feb._11_2010.jpg'/></a>
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AUDUSD Trades 9/10 Feb 2010
http://peterfmsr.blogspot.com/2010/02/audusd-trades-910-feb-2010.html
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<a href='http://www.myfxbook.com/files/PeterFM/audusd_Feb._09_2010.jpg' target='_blank'><img src='http://www.myfxbook.com/files/PeterFM/audusd_Feb._09_2010.jpg'/></a>
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That's just it! I was looking for something like that but don't see it anywhere on the screen. Probably better that nobody can read my mind anyway!![smiley]
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There was a note in the blog about attaching images to a trade but I can't see any way of doing this. I could post them in the thread but wanted to try the new idea. Has it been discarded or am I having another senior moment?
Pete
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EURJPY Breakout Trade
Simple break of the 128 level taking advantage of general EUR strength.
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Trading S/R with different Brokers
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