Kindly take notice of the thing i write as below. This may change your trading outlook forever. The points below can only be used by people who are efficient in using S/R. 1. Spot a Primary trend,write it down,for this open monthly chart. 2. Spot ...

The Touch Trader Method

Great Words of Wisdom. I learn't about MM after loosing money. Money Management is not a cool word to use in front of your Girlfriends etc. But is truth of trading. You have loose money management and fear of having great amount of risk then reduce ...

The Touch Trader Method

Chart for thread buddies. I am going to select a few charts to post here for potential trades.

The Touch Trader Method

Great Jmag. Try to find a PPZ also trade will be enhanced. As i dont trade without PPZ so i can give you one tip. Keep stops tight. Euro is dropping like a rock we have bearish outside bar on Weekly,people will definitely short it next week, look ...

The Touch Trader Method

Looks good Kashif. Just wait for the price to hit that monthly and 61 fib we will get a long. Check the monthlies again,we need 3 months atleast,i want double confirmation. Be Safe. regards Taz

The Touch Trader Method

Looks good Sentinel. 132.84 has 4 monthlies coupling at single place. Be Safe. I am trading Usd/Sek. I had a pending order at 6990 with stop behind 7000 let me see what happens. That shity head price got a touch at 0.6850,missed by just 50 pips,that ...

The Touch Trader Method

Hey there TP Just practice drawing these zones. If you get good at drawing them and price is reacting in them as you expected your future is bright. Use Confluence of 38 and 61 at best extent,they are tools of great traders. Trade with trend. Use my ...

The Touch Trader Method

Regional PPZ and S/R drawing: Time for everyone to know a great way of drawing S/R lines. Just Zoom out on a weekly Chart. Visualize the Swing Points,which clearly jump out at you. If they turn from Support to resistance good altogether. If they are ...

The Touch Trader Method

I see a Inverted Head and Shoulder giving heads up for a run up. Right Shoulder is about to get complete. It is not H &S before it completes but looks good in the making. Regards Taz

The Touch Trader Method

You said that right. It is 400 pips only. If you noticed it reached one of my lines to the pip. It was my heads up to people on the thread. That gap up on Euro/Jpy took it above a resistance before finally knocking it down. That bar , turned into ...

The Touch Trader Method

I use my eyes for trends,not MAs nothing else,see my chart.

The Touch Trader Method

Chart:

The Touch Trader Method

Great Works DAN, Words of my mouth. General Message to all: Just keep MM tight and stop loss tight. Remember any trade which ripped an S/R apart was never meant to be traded. Which means if i have to place a 100 pip stop to be safe i was ...

The Touch Trader Method

True,but that will be too many lines on your Chart. Just use monthlies and Swing Points. Use these MA's 365 EMA,150 EMA,200 EMA or 200 SMA,100 SMA. Use only two fibs for great trades: 61.8 and 38, 50 is not a fib but you can take it. Always trade ...

The Touch Trader Method

Hello Tradpat, Welcome to my thread. Let me tell you Touch trades can be runners or can be quick profits,you want runners o quick profits that will decide what you get. I can wait for next great setup to form on any chart just like euro/gbp or i can ...

The Touch Trader Method

For you i would suggest the approach as below. Just Zoom out into a weekly chart. And Then see what i did,and then drop TF,place order right in these areas,try drawing zones for yourself you will see.

The Touch Trader Method

It was a long right. Countertrend trades must always be exit at first S/R. Great works JMag. Try to take trades with the trend. I am figuring out a great runner over here.

The Touch Trader Method

Not necessrily,2 touches are important. On monthly chart a single high/low can make price bounce on 4hr or daily. How to gauge a major level. It is on bigger TF. It is at Confluence. It is near a round number. It is at a Swing Point. Etc etc. Any ...

The Touch Trader Method

Someone is getting smarter by the minute.

The Touch Trader Method

Help has arrived.

The Touch Trader Method