I am with Alpari for years and never had any problems with them.
My advice is to recognize support/resistence levels and place stops behind them. It's one of my trading condition. If I can't find such a level I...
1. MM, MM & MM 2. Discipline 3. Turn your emotions off 4. Test your TS in historical data 5. Keep enhancing your TS constantly.
Great Job guys! I'v been using MetaTrader for a long time and very happy with it. It's powerful, convenient and easy-to-use tool. Congratulations...
Ok, I admit that in the 1-st post I considered more wide area of using s/r and now I confused you. But anyway here I want you guys to discuss s/r...
It better works when there's a concoidence of fibo level and some other s/r level
Bid price is usually used in TA and charts. You can consider Ask only when you open a position to understand price levels.
and one more, listen to the market and not yourself
Anyway you need deeply understand the trading system so the best way is to elaborate it by yourself: 1. Use technical approaches to analyze...
That's excellent point of view. You are telling that s/r can be better used as filters, not as signals. That's fine, but ... here, in this...
I don't think about millions. I beleive it takes time to earn much money, but I hope it will be interesting for me.
It really doesn't work always, but often.
So you are talkng about having two positions, one short-term (for the bounce) and another long-term, opened when reversal pattern is formed, right?
GCSICLRBC, the first bounce can not be too big, so you earn not so much in this case, but you should, for covering loss trades. Yes, fortune...
Guys, any ideas?
Hi All, let's share ideas on how to trade near support/resistance lines more efficiently. I think first touch of support line is not very good...
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