Here is an example of the red belts, supply demand is going practically flat, it means there is no real bias in the market, we can expect chop an volatile swings, and as you can see that is what happends

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

if we want to go short, we should look for the thick red belt flowing in our direction which would in that case be down, this indicates that is a supply zones because there is more sellers than buyers in it and thats why it's going down, and if we ...

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

Wow thats a really good trade there

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

You got that right, observe the red support that are taking shape is going upwards, thats important for longs,

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

IG is one of the largest MM's in Europe, their worst competitor is CMC, I had an acount with CMC before and they are compleatly impossible to trade with, I had a chat with an IG reprecental about their L2 software and I told him I would like to know ...

Is anyone using IG Markets Level 2?

OK I Remember I had a booring time that day, asian session I believe, the market was at a standstill and there wasn't much to do. I was trading the Guppy at that time and I was thinking about the Guppy and how he came up with this idea, I looked ...

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

EURUSD 1M update, no huge pips on this runner position, price broke the trendline so I closed the position for additional 3 pips, not much! but better than nothing, so total 19 pips+ on the trade

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

EURUSD 1M update, closed out one position at 16 pip+ Im leaving the other one at brake even hoping to make huge pips,

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

Another one, EURUSD 1M, short, based on a hanging man, former support now resistance, and the stripe, 2 positions ,currently 19 pips+

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

EURJPY Update, got stopped out in profit, so I shouldn't feel sorry 15+ pips, I probably need some work on my exit strategies, I had 40, well well I allways seem to hold on for as long as can

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

I will be happy to post some trendlines, just let me know if you are still around? otherwice it's no point of continuing this thread

Interesting Fact About Horizontal Support/Resistance

EURJPY update, very bearish! moved my stop down and loocked in some more profit, currently up 40+ pips

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

EURJPY M15 Re-entry it was pretty clear the bulls had enough on that spinning top so went short again, the trade is looking good for now, Im up 22 pips and I already set my self at brake even and taken off some profits

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

EURJPY Update, to my suprice it started to look really ugly so I closed out all positions with a total profit 18+ pips, maybe I jump in again if it start to look good

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

USDCHF Update, got stopped out in profit 19+

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

Im not so sure about Gold fosking! be careful with that, USD seems to be on the moove so, USD and Gold is correlated, when USD moves up Gold goes down and vice versa, but Good luck

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

USDCHF Update, currently 32 pips+, moved up my stop

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

EURJPY Update, got filled and stopped out, the thing compleatly collapsed, it fell with such strength I reversed , price went right through the demand zone, and bounced back into the now supply zone, formed a hammer , I traded against it with ...

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

New trade, brakeout USD CHF based on fan

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

NZDUSD 5M update, stopped out,

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