I would take the trade.

Professional Trading Strategy - student selection

Price was in a channel until it broke through the channel to the downside. After breaking through, price moved up and the support line became the resistance line.

Professional Trading Strategy - student selection

I am using mt4 for trade analysis

Professional Trading Strategy - student selection

Exchange, When you sign up for a skype account, there is a section where you assign yourself a skype name. If the name you assign is not valid, skype will not accept it and will recommend a name that is valid. Hope this helps.

Professional Trading Strategy - student selection

I like that statement " I would rather be a little wrong than a lot wrong." I have been both but I prefer the former like you.

Professional Trading Strategy - student selection

I do use stops, however, I give my stops some distance to give price room to breathe.

Professional Trading Strategy - student selection

I agree with hollowhead and am beginning to trade from his perspective. However, old habits are hard to break and I still find myself observing support/resistance and trend lines.

Professional Trading Strategy - student selection

Price looks like it is at the support trendline, so I would go long. I would exit at the resistance level of 1.36853

Professional Trading Strategy - student selection

I would like to be considered as a student.

Professional Trading Strategy - student selection

It looks like a bearish pinbar on the 4hr eurusd. Maybe this will be the beginning of the move down to 1.33980 for the T4Y_680 eurusd

Are support and resistance levels predetermined?

I got in on the 103 audusd profit.

Are support and resistance levels predetermined?

Congratulations Hollow, JM and Euro on your trades!!!! Not being at my computer I missed them. Alan

Are support and resistance levels predetermined?

Thanks Hollow, It is nice to be able to check my numbers against your weekend analysis. Alan

Are support and resistance levels predetermined?

Thanks for the input and observation. I am short the eurusd based on the 680 template.

Are support and resistance levels predetermined?

You can do as Na R2000 said and the quote will appear at the top of your post. The only way I know to have a quote appear at the bottom of your post is to do the following: 1. Move your cursor to the far left of what you want to quote. 2. Left click ...

Are support and resistance levels predetermined?

Thanks for providing your analysis each week. It's a good review with my numbers to make sure I'm on target. I believe I will stay out of Gbpusd since the 680 is going in one direction and the 1130 in another. Depending on which template you decide ...

Are support and resistance levels predetermined?

I took profit from the T103 template eurusd yesterday. I am now long in the T103 gpdusd template trade.

Are support and resistance levels predetermined?

All I know is that your system is working.

Are support and resistance levels predetermined?

That would be awesome. Also, thanks for the aud/usd template.

Are support and resistance levels predetermined?

Hollowhead, If I am totally confident in the system and I trade a small enough amount of my account, I could trade without a stop loss at all. As you said instead of a stop loss, hedge. I am looking into some non regulated brokers that will allow a ...

Are support and resistance levels predetermined?