A word on S/R framing! — When framing, you do so from the most recent low or high to the most recent high or low. However you chose to draw - just make them the most recent. Spike are all over these charts as well. Spike are irrational moves ...

The Breaker Strategy - Trading Recent S/R

Identify Recent S/R levels - the very recent ones! — So folks after we are done with our general view of the markets. We will want to zoom in to see a bit more on the charts. We will want to see how price reacted all the way on it journey to ...

The Breaker Strategy - Trading Recent S/R

A general view of the market! — How do I approach my charts? Well! This is how - figure below. My trading involves looking at the market. This is primarily a start chat; a feel chart. It tells you where the market is more generally and more so ...

The Breaker Strategy - Trading Recent S/R

Markets want to go higher — The market is searching for a direction at the moment. It would seem that it wants to head for a break of resistance at 1.3700. It just wants a catalyst. Maybe a big buyer or a jolt in traders sentiment!

EURUSD

Uhm Uhm — Makes a lot of sense to me. How many traders are bold/brave enough to keep buying into that resistance. Some I would guess/the big money player knows he can. We have tested it shy of roughly 8pip! Still looking at PA though. Am OK ...

EURUSD

Break — A meaningful break below 1.2840 could see the bears having a little party.

EURUSD

Psychology is important in all that we do! — I just would like to say that psychology is a big factor in human confidence at anything. Before anyone of us traders decide that we are about to take a trade, we also think 'whether or not we are ...

Psychology is nothing