Thread: Short Term SandR Trading

I cant find anybody offorexforum.co.zawho does not use a bunch of indiors. So if you are like me and trade together with SR just then please discuss your trades and trading fashion . I will post a few of my trades as I consider them. So far as my trading style moves, I mostly await the breakout of support or resistance on a chart using a 1hr time period or not, occasionally a 4hr chart, then get in. I truly don't play ranges or bounces.

Update:
TP hit at 1.5282 last night.

Long Aud/Jpy @ 79.36. Sorry for the crappy picture quality. Hopefully I will have resolution figured out from the next trade. The line at the top is my TP. Line in the centre is SR and bottom line is stop. Triangle is entrance stage.

Update: Stop hit 79.06

https://www.forexforum.co.za/general...appointed.html

Seeking prev support to turn into res above or a breakout/pullback at Fri low.

Originally Posted by ;

I cant loe anybody offorexforum.co.zawho doesn't use a lot of indiors. So if you are like me and exchange with SR just then please talk about your transactions and trading fashion here. I will post a few of my transactions as I consider them. As far as my trading style moves, I mostly wait for the breakout of support or resistance on a chart with a 1hr time period or less, sometimes a 4hr chart, then get in. I truly do not play ranges or bounces.

I suggest you check out this thread by:
https://www.forexforum.co.za/general...rs-thread.html

Jesper

SP w1
SP h1
SP d1




http://depositfiles.com/files/lm4arefej

Potential trade I am watching right now:
Long Cad/Jpy over 94.47

I think you're on the ideal track. Keep posting your own setups. Indiors lag. The only one I would use is MA. All you need to be prosperous in Forex is strong s/r and a know of PA..

Look for opportunities for top reward-to-risk.