Discussion S/R + PA

AUDUSD Trades 9/10 Feb 2010

https://peterfmsr.blogspot.com/2010/02/audusd-trades-910-feb-2010.html
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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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what s/r indicator are you using?

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.

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.

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There's a bit more info about me on my blog https://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

AUDUSD add-in trade 16 Feb 2010
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https://peterfmsr.blogspot.com/

Trades closed in profit and a new one opened. Here's a video outlining some thoughts on trade management.

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https://peterfmsr.blogspot.com/2010/02/audusd-16-feb-2010-trade-closed.html

i have develop a indicator which draw s/r line automatically, try and tell me how is it.
https://codebase.mql4.com/6376

Details of the last AUDUSD trade. If you have any questions then please get back to me.

https://peterfmsr.blogspot.com/2010/03/audusd-trade-3rd-march-2010.html

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Glad to see you back in action Peter.