Everything take practice and training, and this is a something you haven't sen before so that is certanly understandable it can be a little difficult in the beginning, keep that in mind, it may take a while before all the concepts I have explained ...

Cluster SR - interesting, new way of looking at support & resistance

very volatile on the Euro around that support, I have no idea if it will hold, it's looking very bearish though

Cluster SR - interesting, new way of looking at support & resistance

maybe we should all copy foskings trades I had a few setbacks today my self, so Im taking it a little easy today.

Cluster SR - interesting, new way of looking at support & resistance

congrats to your amazing trade!

Cluster SR - interesting, new way of looking at support & resistance

you are doing great fosking how many pips a day are you up to now? does it seem to be any difference now when you are using the CSMA's than before you starting to use it? Im just curious. keep it up!

Cluster SR - interesting, new way of looking at support & resistance

EURUSD 5M brakeout from the triangle, I didn't make any entry here becuase I only want to show trades based on the CSMA's but you could based on the fan spreading out, I already did that

Cluster SR - interesting, new way of looking at support & resistance

Here is a tips on entering positions on higher timeframes, lets say about that setup on the 4h you suggested, it was a valid setup with nice confluences, you can use the lower timeframes for a better entry, you could look on the 5 minute chart like ...

Cluster SR - interesting, new way of looking at support & resistance

Thank you, I like the colors

Cluster SR - interesting, new way of looking at support & resistance

Oops! I take that back, the wedge changed to a larger triangle, but still a continuation pattern

Cluster SR - interesting, new way of looking at support & resistance

yes I guess nobody knows the direction, if we knew we would all be rich! here is another thing of the EU 5M I noticed, there is kinda like a bearish wedge, and also a triangle forming, I guess you could trade the brakeout as trigger, if it brakes ...

Cluster SR - interesting, new way of looking at support & resistance

Thank you! I appreciate that

Cluster SR - interesting, new way of looking at support & resistance

Yes you are right, that could be a good trade, it's also a 50% fib and horisontal support so that looks good I think, but there is something above there, maybe think about TP before it reach that area if you get in, Im also a little puzzled about ...

Cluster SR - interesting, new way of looking at support & resistance

Template for Tradingstation2 here

Cluster SR - interesting, new way of looking at support & resistance

thats a great trade! keep posting your result

Cluster SR - interesting, new way of looking at support & resistance

Yes I agree, what you should be looking for is a long bullish brakeout candle, it needs to be long to indicate there is some force behind the move, we should see the fan expanding after that to show the momentum is increasing, if you just have a ...

Cluster SR - interesting, new way of looking at support & resistance

Yet another function or information we can get using the cluster MA's, if you are a long term trader in a trend and then suddenly it reverses on you, did the trend change? should I exit? check the MA's, what is the direction of the stripes and ...

Cluster SR - interesting, new way of looking at support & resistance

Here is a perfect example on a sideways market, note that the red belt is going perfectly sideways, this will make you more confident using a fading strategy, because you can see with your own eyes the amount of sellers and buyers and equal, in that ...

Cluster SR - interesting, new way of looking at support & resistance

I can see one big advantage for you guys who are using a tredning systems, if you see that red belt is going sideways and starting to developing sideways, thats a good place to temporary stop trading your system, because there will be much chop, ...

Cluster SR - interesting, new way of looking at support & resistance

Here you should only be looking at shorts, why? because the stripes are flowing downwards, exept the box where you could have traded the extreme like a overbought oversold indicator, a hint is the closest red stripe that are going sideways, also ...

Cluster SR - interesting, new way of looking at support & resistance

you should only be thinking of long positions on this chart, why? because that red thick belt is flowing upwards, that means thats demand

Cluster SR - interesting, new way of looking at support & resistance