it takes time...this is why most traders fail...you MUST learn to recognize support and resistance...that is the crux of ANY good system....ask any full time trader I think they will agree. Just practice looking at your charts and drawing support ...

Trading from an Experienced and Successful FULL TIME Trader

Chris, I avoid non farm payroll and when Draghi speaks and some other super high impact...but remember some high impact news is the catalyst for these moves the charts are telling us about....also remember sometimes you will get spiked out of trades ...

Trading from an Experienced and Successful FULL TIME Trader

Posting a new chart today! I want to go over the GBPUSD that I saw yesterday. First of all REMEMBER, the more confluence (reasons the market is saying the same thing) the better off you are in taking a trade. Remember, we want to put the odds in our ...

Trading from an Experienced and Successful FULL TIME Trader

Just an update, when on vacation I contracted some virus and ended up in the emergency room and have been sick for two weeks. I am improving now and hope to be back posting very soon. I wont be trading on thanksgiving day however and you probably ...

Trading from an Experienced and Successful FULL TIME Trader

yes that is a master level! if it breaks and retests could be very significant pips!

Trading from an Experienced and Successful FULL TIME Trader

hey bud use mt4 for the indicators!

Trading from an Experienced and Successful FULL TIME Trader

okay guys i have been at it all day and night and traveling for 10 hours so i am beat! having said that i need a great nights rest so i went ahead and closed out both of the pound positions, just shy of my targets for 36 pips on one and 38 on the ...

Trading from an Experienced and Successful FULL TIME Trader

Hey Jon! I would actually not personally take that trade and heres why: I look for retests of support of the CURRENT UPTREND. I do however watch areas like the one you have noted for POSSIBLE reversal areas in the market so i know when a trade may ...

Trading from an Experienced and Successful FULL TIME Trader

Thanks bud!!! Hope you learn even more in the future!!! Safe Trading!

Trading from an Experienced and Successful FULL TIME Trader

Hey guys im going to catch my plane now but I see some did take the gbpcad trade which is great! I got in at 6706 on the gbpcad and 1.5926 on gbpusd as that had a very similar set up. I am well over half way to my target so I am putting my stops to ...

Trading from an Experienced and Successful FULL TIME Trader

Im heading out to catch my plane but hopefully this week Ill have time to get some GREAT examples of support and resistance and how I use PAST SUPPORT AND RESISTANCE in correlation with current support resistance from the CURRENT trend. I know this ...

Trading from an Experienced and Successful FULL TIME Trader

ur welcome!

Trading from an Experienced and Successful FULL TIME Trader

3450 will be a very powerful level as it has been tested both sides of the market if we can blow through it and get a pullback...however the top line i would probably place at 3420 because of the last swing high. Try to focus more on the current ...

Trading from an Experienced and Successful FULL TIME Trader

yes this is true but in most cases it doesnt really matter unless you get a HUGE move...hasnt really effected my entries much. they show up about 5 minute and 1 second later than they show up on the 5 minute chart.

Trading from an Experienced and Successful FULL TIME Trader

WELL SAID!

Trading from an Experienced and Successful FULL TIME Trader

Gold is coming into MAJOR MAJOR support guys. Watch gold for potential set ups going long in the coming DAYS. If this level holds (1250-1260) we could be in for some serious pips. Again, make sure trend is in your direction first and we are heading ...

Trading from an Experienced and Successful FULL TIME Trader

I use 1 hour for major support and resistance levels to watch and my entries are on the 15 or 30. Really either one works...WHAT REALLY WORKS WELL is if I get 2 or 3 arrows on the 15 and then an arrow on the 30...when they move in tangent with one ...

Trading from an Experienced and Successful FULL TIME Trader

Hey Vegan the CORAL IS ACTUALLY A 60 PERIOD COLORED MOVING AVERAGE!!!!

Trading from an Experienced and Successful FULL TIME Trader

Take note where GBPCAD is right now! Coming into major resistance!!!

Trading from an Experienced and Successful FULL TIME Trader

Selling coming into Silver RIGHT NOW. 2 sell arrows with the trend AT THE MOVING AVERAGE on the 30 minute. Not to mention at a LARGE SHELF of resistance! This is what dreams are made of.

Trading from an Experienced and Successful FULL TIME Trader