SL at BE... image

SS S/R - super stupid S/R trading experiment

Attacking the last S/R level on USDJPY image

SS S/R - super stupid S/R trading experiment

USDCHF and USDCAD closed around BE...

SS S/R - super stupid S/R trading experiment

Hi Cesar, Every touch is less powerfull and people are not so afraid of recent resistance. It is becoming less and less important.... I have no idea what can happen.

SS S/R - super stupid S/R trading experiment

Decreasing risk.... image

SS S/R - super stupid S/R trading experiment

Maybe risky (few hours to news release), but perfect level, big round number... image

SS S/R - super stupid S/R trading experiment

Risk decreased... image

SS S/R - super stupid S/R trading experiment

image I should take profit now.

SS S/R - super stupid S/R trading experiment

image

SS S/R - super stupid S/R trading experiment

No, no. They are drawn manually. I draw them and then trade it. The most important thing in trading is to have a plan how, when and where(in the market) to trade...

SS S/R - super stupid S/R trading experiment

Have you noticed GOLD? Level hit perfectly. image

SS S/R - super stupid S/R trading experiment

The position is actualy about 6 pips in profit. I will use it mainly on daily charts. Good luck mate with your trading.

SS S/R - super stupid S/R trading experiment

Hi 4xplosion, Do you mean pin bar indicator? It is called "Pinbar mod" or something like that. Im not sure.

SS S/R - super stupid S/R trading experiment

NZDJPY attacked support and pin bar appeared. image

james16 Chart Thread

I would personally avoid this trade. Take a look at actual levels. You are taking a trade against very strong support. S/R levels are zones, not exact levels. It is what we call trading into traffic. Very dangegrous. Be careful mate...

james16 Chart Thread

Im still in... but I entered much lower so I could lock the profit.

james16 Chart Thread

Thank you for your reply.

james16 Chart Thread

Glad to see Alex. Very nice trades. Do you use only daily charts for touch trades?

james16 Chart Thread

You are right Dunstan, I had no idea that COT can be used in this way. I have to learn a lot from you. Thank you for posting your analysis.

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Cool thread guys! Is there some most important posts to read? I use COT as well but I follow only commercials activity. I will read your posts and then join you in posting analysis. Good job.

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