PAs and Support/Resistance Journal
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Thread: PAs and Support/Resistance Journal

  1. #1
    Hello everybody, I'm going with this technique which is pretty much mechanical to me. Stop losses are low on this one and place sizes are relatively large compared to other systems. I have been affected by Peter and his egy (DIBs) a while ago but I'm going to do his method with a support/resistance assistance to make out those losses that I have been getting. My pairs are GBP/USD and EUR/USD just. I'm looking for trends and breakouts. Mainly breakouts. If I visit an IB close to my support/resistance, I'll take it religiously. That is my principal price action I'm looking for. DBHLC and DBLHC are also on my watchlist. What's on 1 hr TF.

  2. #2
    Never mind that sell stop. That was for my other system.

  3. #3
    I overlooked this particular trade. It likely happened when I was sleeping but there is always next time! There was a pin bar next to my service so that signaled the affirmation.

  4. #4
    Right now, I am looking at EUR/USD. I am viewing an ascending wedge and I am waiting for price to return to my service line. If it reaches there, I will wait for an IB or some other price action that indies a breakout.

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