Thread: Drawing correct resistance and support-lines

1 approach to calculate anticipated pips out of breakouts;

Just, when you draw triangles etc only count the pips in the difference.

weekly

Originally Posted by ;

1 way to calculate expected pips from breakouts;

Just, if you draw triangles etc only count the pips in the gap.

Nice illustration u have here! Anyway let's see if EU retains and retests or not. .



Yuna

Update: Cable testing 2.000

Haha divided

Don't have any resistance until 2.0106 which is monthly resistance

Originally Posted by ;

Do not have any resistance until 2.0106 that is monthly resistance

I am lookin to get 2.0115 place which is my fib 50. , do u think it is logical to shift my sl to BE now?

Originally Posted by ;

I am lookin to get 2.0115 area which is my fib 50. , do u believe it is logical to shift my sl into BE?

Always do if you have 15 or so IMO! Don't make a winner turn awful!

Originally Posted by ;

Always do if you have 15 or so IMO! Do not make a winner turn awful!

I have shifted to BE currently . Currently 41 of typing at point.

Originally Posted by ;

I've changed to BE already. Currently 41 at stage of typing.

Properly done, easy pips? S/L at BE you say. Remember how fast market can turn around make sure that you don't give it all off!