This one's called "pivot res/sup", it usually serves as good resistance support, and can also be used to trade breakouts.

Daily GBP/JPY analysis

"test last 100"

Daily GBP/JPY analysis

And another one that plots support/resistance.. Its called "test last 100"

Daily GBP/JPY analysis

Here's the chart with the indicator.

Daily GBP/JPY analysis

Hey, try this indicator. It plots all the key support/resistance areas. Hope you like it.

Daily GBP/JPY analysis

Yeah, I agree. It's important to use it in conjuntion with oversold/bought levels, support/resistance areas, trendlines or other technical tools. Also, a doji is irrelevant in a congestion period.

Daily GBP/JPY analysis

I like to look at daily candlesticks signalling reversals after extended moves. Even better if they are combined with some sort of support/resistance levels, trendlines, etc. hammers, hanging men, shooting and evening stars, engulfing patterns, dark ...

Swing Traders Thread

LOL maybe they are in the wrong forum. Last time I checked this is not a spelling bee contest.

Swing Traders Thread

Whats with the attitude??

Daily GBP/JPY analysis

Watch out for a retracemnt to the upside coming up. Look at the doji on the 4hour chart. Also there seems to be strong support at around 224. Good luck

Daily GBP/JPY analysis

#3 and #4 are cool

Turbo's Journal

Now that is interesting. Why would the brokerage close your DEMO trades??? That's like blaming the broker for losing fake money lol.

Can Brokers see your MT4 EA/Indicators and Codes?

Well I'm sure we are all going to miss out greatly on your intelligent and grammatically correct contributions!! By the way, I think this is a great idea don perry. I guess we'll have to do without matador

Swing Traders Thread

Ok, I definitely agree with this, rather than having a purely mechanical system, I need to establish clear guidlines for each trade, and follow them meticulously. Oh and my journal is coming, it'll definitely be here, on FF. Thanks for the input

Hilmy83 Trading Psychology Journal

Thanks for answering. I realize that discretion is really difficult, but in my opinion, it's more important to know why the price moves where and how it does, than just blindly following some signals. Especially at the beginning. While mechanical ...

Hilmy83 Trading Psychology Journal

Watch for the break of this channel. In metatrader, you can create it yourself, it's called equidistant channel. There seem to be some support areas at 225.80 and 225.00. Below that.... 221.00 Good luck!

Daily GBP/JPY analysis

So... you are risking hundreds of dollars on a single position, and you cannot find important support/resistance levels on your chart?? Now, what is wrong with this picture?

Daily GBP/JPY analysis

Hey, I think this is a great idea. Ive just had a brief ( ) stint with real money recently, and Im just beginning to comprehend what psychology has to do with real trading. Sure, Ive read Trading In The Zone, Come Into My Trading Room, etc, etc, ...

Hilmy83 Trading Psychology Journal

hi, i'll be interested in joining a chatroom/skype group with other traders. im usually online for the most part of the day, so im pretty much available throghout the day. looking to get some insight from the more experienced traders, but id like to ...

Are we ready to have a conference?

This is what I like.. no matter how many books on trading I read, noone will teach me things like that. I can learn about technical analysis, fundamentals, money mgmt, psychology, etc etc, but nobody tells whats really going on in between the big ...

Daily GBP/JPY analysis