Strategies, Systems & Indicators

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I was testing some strategies till 11.00 last night. It was okay.
When I wanted to put those strategies into practical use during
live trading....alas, GCI ging only a small line, once in a while.
Now it's showing 5947 @ 04.35 !
Till now, the same problem. Let's see hereafter.
 

Tavnaz

Well-Known Member
Taz,

it seems to be nearing a support and with doji it might see some reversal.

thanks,
Sanjoy
Great sanjoy,
But i was expecting a little chart drawing to see whether you people were thinking about S/R.
May be you did no need chart,next time it will be trick.
I will draw a pinbar which may work or may not.:rofl:

I worked a lot on Forex stuff and S/R specifically,now i enter trades based on S/R,i tested and refined this strategy on forex tester,a testing software.

Anyways
Go on people keep the discussion going.
Because in this journey of forex if you stop your journey,you kill the soul of a profitable venture.
Many a times i have seen at FF even masters with many vouches continue to discuss,why can't people over here discuss and ask each other,this will help.
Anyones got a challenge throw in the charts, i will figure it out.

Be it Lazyboy or something else.
Or i think i will have to open a thread based on pure S/R.
Regards:gun2::fatigue:
Taz

 
Taz,

few queries for u.

why did u draw a trendline from low of June to high of Oct? (trendlines are supposed to drawn from high to high and from low to low)

price hit 1.2168 twice and retraced. is it because the support became a resistance now?

between high of early Oct (1.2168) to low of mid Oct (1.8832) price made a channel. so do u suggest going long once price hit the low in mid Oct for a profit target of about 90% of the early Oct resistance (1.2168)?

how many pips do u consider for a support or resistance breakout?

Thanks,
Sanjoy

P.S.: I thought I just had one query but ended up asking four ;)
 
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