Thread: Drawing correct resistance and support-lines

Originally Posted by ;

Well Sorry for the little late reaction. . I was little busy now through the day... I Just saw... well find the screenshot...

I do agreed with you friend but I have the ability to get 10pips when I see good cs in tf 15. .

Thats really risky move and the price is getting back into the triangle. . hurm. .

Bdw, do u believe tf under 30 is a lil bit dumb???

Originally Posted by ;

I do agreed with you buddy but I manage to acquire 10pips when I see good cs at tf 15. .

Thats really risky move and the price is getting back in the triangle. . hurm. .

Bdw, do u think tf under 30 is a lil bit dumb???

Well I didnt have much experience in past below 30-Minutes Tf...
I'd little scalping with 1-Minutes and 5-Minutes in past but Basically im not a scalper...
Anyhow's Tf=15 Minutes is very Ok using some pair's similar to Jpy's related but if you speak about additional pair's then It might becomes risky as motion of additional pair's is bit slow compared with all jpy's related. . .well distinct pplz have distinct manner of trading and also D/f tf's... I can't state this noisy coz it's depend on pplz that which tf suits them and on which they're trading. . .Well I saw a system...
http://www.babypips.com/blogs/pip-my...pdate_219.html
This individual is successfully trading tf=15 Minutes...
why becouse his system functions on this tf plus it suits him...

Originally Posted by ;

Well Sorry for your modest late response. . I was little busy now throughout the day... I Only watched... well see the screenshot...

Nopp!!! Well read my previous article concerning this fact carefully... I stated if the TL Broke the candle compared to valid and robust situation with solid effect must be like...
1).... If a i-e Upper lineup of a legal TL Breaks compared to the TL Must break's it in the center of the candle and the breaking candle must be bullish and especially TL that you draw's by ur hand must be valid... (Not from De-Mark Indior coz I have no experience of this indior)....
2)... If the candle that split's the TL and wait till the next candle just like me. . .examine the situation TL Must not be about candles wick coz sometimes it occurred that the TL rests and then retraces back and it's wick stay's on TL. . .Noppp it isn't valid...( My experience)....

No apologies needed I only wanna hear ur views on this particular case study
Thanks also.

Yuna

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what can you do should break down the 203.44?? You will not see lines to draw on the suport area.


Quote;1898963]Thank you all


Ok, lets see some charts;

Look at the resistance we are facing on 4h chart. This resistance have been tested 11 (!) Times on 4h chart without a break. If price figure out how to break this line I think we could see numbers. In case 203.44 is broken, we could expect the reverse, IMO Price have postponed @ busted supportline for now. [/quote]

painfully slow. . .not like this pair to act like that...I am out

WOOW This Pair is breaking some fantastic resistance degree's and frankly speaking I was expecting it to fall but technically speaking see the screenshot... 45-Pip's Max. Breakup Move is there in 4-Hour chart...

/quote=CIORIMAU--

what do you do should break down the 203.44?? You won't see lines to draw on the area.


I would almost certainly be very careful moving long.

Originally Posted by ;

painfully slow. . .not similar to this pair to behave like that...I am out

This time in the day is obviously slow. Might see some action in a few hours once asia opens worries

Originally Posted by ;

WOOW This Pair is breaking a few fantastic resistance degree's and honestly speaking I was expecting it to fall but technically talking see the screenshot... 45-Pip's Max. Breakup Transfer is there in 4-Hour chart...

This pair couldn't establish belove daily TL. I've another resistance-line on 4h;

Are we looking for continuation of upward trend?

I was also expecting a larger fall in this pair, however, seems like we both where incorrect

Let us see if 50% retains;

Edit: Price didn't pay any regard to fibs