Best way to repay me is to find your consistency for yourself in your trading, that’s all the reward I need. Thanks
now stalling (as expected) at the 1.2890 level. but after a short struggle it will hopefully shoot through. ah, btw i jumped in after you pointed out the strong support from weekly. i’m short from 1.2978. btw. already booked 4% this week, with ~6% more floating profits. from this week on, no more “stupid” trades with 1h support or stuff like that. let’s see if i can be consistantly profitable for some time. but i really need to tell you, i have a good feeling about this. so, once again (i hope you are not sick of hearing that), thank you SR 
Now I am confused: from the 4H chart I can see there is a support area (3 highs before on this price level: 1,289); Isn’t it a good entry point for a long trade? I would enter it now!
Psalda Dailys and weeklys are always stronger than H4, you are not wrong and we could get a bounce here, but the waves indicator hasnt retraced back to zero on the H4 to warrant a long yet anyway… Look at the daily with the previous dynamic wave down, we have shorted it off the significant 3 lows there…
Thx SR Player. Clear now!
i have a pending order to sell gbp/jpy 126.78 because of the beginning of march lows
Look ok Jankes, make sure dynamic moves are in order with the waves indicator first…
Yes I got that in mind, but I can look in lower time frames for that, right ? (both have retraced to 0 on H1)
Yes you can, gbpjpy looks better though, gbpchf Id use the h4
I love this thread, teaching me more about the impact and importance of support and resistance than anything else because it is so graphic.
I am trading using a different “system” but this all slots in very nicely with it, I will probably just be a bit later to the party in placing orders.
Lovely thread <3
Going in blindly in your S/R zones seems to be suicidal IMO. IF you going with current trend on TF trading still not convincing personally, but I see sometimes you use S/R ZONES from way back.
Just my opinion
Hi Ang101
If you go through the thread you will notice that the SR levels are only part of the process, I define the trend by elliot wave first before making a decision on which SR level to take…Thanks for your opinion, maybe you can elaborate in more detail about ‘suicidal approach’ to help us here.
Thanks Kuzia
Good to hear stolentortoise, I am glad you find this thread helpful!
Hey SR.
I did catch that setup and closed it out for a 140 pip gain. I also took the eur/aud short. I was up as much as 80 and now I’m up 25 or so. Still waiting for the continuation of the bounce.
I’m still pretty new to trading. I learned about it from a friend who is primarily a scalper. I tried my hand at scalping for a few months and found that the need too be right 80% of the time is just too stressful.
I really like your strategy. I still have alot to learn but love the idea that with a 3 to 1 profit to risk ratio I only have to limit out 30% of the time to be profitable. My biggest problem now is being able to let it run without closing out too early.
Thanks SR. Your guidance has and continues to be invaluable
Hi billko1977
You are welcome!
The technical side of trading is the easy part, recognizing patterns and understanding your strategy takes time but with experience it gets easier, managing yourself is the most difficult aspect of trading where most people get it wrong, stick to the formular and you’ll be pleasantly surprised in the long run…
I am glad you are progressing really well…
Well done!