Technical Analysis - Seeing is Believing!
emotionaltrader
Member Since Jul 23, 2018
99 posts
Nov 23 2019 at 08:13
You won't find this in tutorials!
Basically, using 14 day Simple Moving Average. Where MA turns it acts as Support & Resistance. Draw lines from Highs & Lows where MA turns and these too act as Support & Resistance!
Basically, using 14 day Simple Moving Average. Where MA turns it acts as Support & Resistance. Draw lines from Highs & Lows where MA turns and these too act as Support & Resistance!
Is scalping more profitable? I think based on pips per hour in front of the computer not really. Swing trading I can catch reasonably big moves and I can go do something else while I am waiting for a set up. While I am scalping I am constantly in front of the computer monitoring and adjusting my trades. Its fun if there is nothing else going on. If nothing else but for the challenge of it.
saturdayresearch
Member Since Nov 25, 2019
9 posts
Nov 25 2019 at 13:10
You will not find this in tutorials because it does not work. Sorry pal. It may work recently on a few pairs but in long term this will fail
emotionaltrader
Member Since Jul 23, 2018
99 posts
Nov 25 2019 at 16:54
It doesn't work?
emotionaltrader
Member Since Jul 23, 2018
99 posts
Nov 25 2019 at 16:58
It doesn't work?
emotionaltrader
Member Since Jul 23, 2018
99 posts
Nov 25 2019 at 18:32
It doesn't work?
Adribaasmet
Member Since Aug 27, 2017
897 posts
Nov 26 2019 at 10:28
emotionaltrader posted:
It doesn't work?
So you are trading based on FIBO & support/resistant tools? I like support/resistant too.
emotionaltrader
Member Since Jul 23, 2018
99 posts
Dec 12 2019 at 23:57
UNBELIEVABLE! AS IT HAPPENS! WHO SAID THIS SYSTEM DOES NOT WORK?
emotionaltrader
Member Since Jul 23, 2018
99 posts
Dec 13 2019 at 11:01
CONFLUENCE GBPUSD! Possible retrace to 38.2 Fib Level Approx: 1.28! Then back up to test 1.44!