the blue rectangle does not appear here on EURUSD showed by the indicator.
he drew the rectangle himself, it was not from the indicator. and i would advice anybody to leave the indicator anyways and spot these areas themselves.
as TopFroxx said it is much better to recognize by yourself , by this way you practice more and train your eyes more to find levels , beside these, there is much certainty of zoneās width and average entry spot.
Itās very subjectiveā¦ this is how Iād draw the zone (blue):
considering the fact that indicator has already retraced to 0 in H1 one can treat the candle that almost touches the zone as a 1st retest and in fact the trade would have resulted in 200 pips. I donāt know about this oneā¦ What do you think girls and guys ?
LOL, I donāt think SR Player is interested in starting a signal thread
njokie, something that I might highly recommend for you to do if you donāt do it already is to start keeping a trade journal. This way you can go back over your past mistakes and see for yourself where you went wrong and how to correct it. Itās VERY powerful!
Cheerz
this is the only of the charts i would trade, maybe also the gbpjpy from post 539. all the others have either no clear SR level (or at least the area is too wide for my trading style) or they have already been tested. i know itās hard not to trade. i know that you want to try out this strategy as much as possible, thus having many trades to see if it works. but guess what: if you trade āeverythingā you probably will end up losing. i would advice you to only take the very clear setups, this will definitely benefit you more than taking āeveryā trade an then losing on average. you all should be very very glad for this thread and for SR players insights. this system has worked for her for 8 years!! we are in a very comfortable situation! why? because most traders donāt have someone who shows them a working (consistently!!) system. most people try to make their own system, putting this and that idea together. they donāt know if it will work! for these people the drive to trade even more to test your strategy faster is much higher than it should be for us. please guys, i would recommend everyone to just trust the system, trust SR player. you donāt have to test the system with brute force. play it out calm and easy, just take the very clear setups and everything will be fine. have faith!
thenx for ur advice and i guess u misread me i meant if someone like SR posts a setups or anyother person thats forthcoming other people can analyse and may be take the trade on their own judgement .nobody can start a signal thread lol
after this inspirational speech (lol, iām normally really not the guy for that kind of stuff), some update on my trading this week which is highly related to my last post.
i have not taken a single trade this week, yet! the only setups iām looking out for is still the euraud short that i mentioned earlier, and also a audusd long around 0.9770. the last one i will only take if it happens āsoonā, because otherwise in my eyes a resistance at around 9820 has build up, which could limit the possible gains for the long position.
Good point taking clear setups! well i love posting charts as am astill learning i learn alot from charts seriously i dont know if its diff for everyonr else.if i see a setup that i think is valid as per the strategy i will post and get views from SR or anyone else then soon al stop posting those many unecessary charts coz al have know how to be selective on setups so its gradual
TopFroxx,
Could you pls post screen shot for EA and AU trade that u are looking to enter. Is it on H4 or D1?
thank you
I hear you man, all the best for the rest of the week! I havenāt taken a trade myself as well so far this week.
I strongly agree!
Hi Guys
I am back!
Just landed home, wow the thread is gain a lot of momentum, well done to everyone for their feedback, Iāll spend a few hours later going over what I missed once I settle inā¦See you all later on
me too i havent taken a trade in many many days am a lady lol i only post charts to hear opinions as am still learning thenx for the tip in all those charts i posted am watching gbp/jpy
Oh sorry hehehe, my apologies maāam Have a great rest of the week!
welcome back SR
Hiii SR Player
we all missed you :51:
Glad to see you again, it seems that this week there is no enough impulsive move.
welcome back! you did not miss much (trading wise), the markets were sleeping while you were gone. i bet they did it just for you, so you donāt miss out
btw finally a little action. looking at possible gbp/usd, gbp/jpy shorts soon, eur/cad short, and eur/aud is going back up, so possible short soon as well. letās see. also, @ anyone who is tempted to ask for charts: i have a different idea. you can try to find the setups and post a chart yourself. then i can check and tell you if it is the same SR that iām looking at. if not, either i will tell you that in my eyes there is another ābetterā SR level that iām looking at, or i see that i made a mistake and overlooked something. you can try to spot the setups yourself, which will help you learning a lot! so itās a win-win. (also iām lazy and donāt want to post a chart right now, so practically itās even win-win-win :D)
cheers