pasavento Posted January 18, 2009 Report Share Posted January 18, 2009 Hi friends, I want to share my trade analysis based on what i've learned in this great forum... USDCAD 1. there is support line at 1.2430 2. next support is 1.2350 3. a 1-2-3 buy pattern at H1, at first support level Trade action : buy at 1.2430 tp 50 pips...HIT USDCHF 1. support at 1.1080 2. first resistence 1.1210 2. next resistence at 1.1280 3. bullish divergence and inside bar at H4 Trade action : buy at current price tp 50 pips...HIT EURUSD 1. resistence at 1.3310 2. support at 1.3070 2. inside bar at H4, previously an uptrend move Trade action : sell at current price, tp 50 pips...HIT Quote Link to comment Share on other sites More sharing options...
William1713006271 Posted January 19, 2009 Report Share Posted January 19, 2009 Re: My Trade Analysis Hi there Pasavento. Nice to see your signal here. Could you care to explain how do you get those support & resistance lines? Is it manual drawing or do you take scalp / master candle / any special method? Also, what are the stop losses? Regards, Quote Link to comment Share on other sites More sharing options...
pasavento Posted January 19, 2009 Author Report Share Posted January 19, 2009 Re: My Trade Analysis Hi there Pasavento. Nice to see your signal here. Could you care to explain how do you get those support & resistance lines? Is it manual drawing or do you take scalp / master candle / any special method? Also, what are the stop losses? Regards, Hi William, I'm not providing signal, just my simple analysis using support resistence...yes, its manual drawing. I'm intraday trader. Maybe i will explain more details how it get the snr on my next analysis... :mrgreen: stop losses? hmm...actually i use mental stop loss = money mgmt.. Regards Quote Link to comment Share on other sites More sharing options...
William1713006271 Posted January 19, 2009 Report Share Posted January 19, 2009 Re: My Trade Analysis Nice. Will be waiting for your next analysis. :D Regards, Quote Link to comment Share on other sites More sharing options...
doddy Posted January 22, 2009 Report Share Posted January 22, 2009 Re: My Trade Analysis RU using price action with pivot as SNR as in James16.Appreciate yr wonderful share. Quote Link to comment Share on other sites More sharing options...
pasavento Posted February 1, 2009 Author Report Share Posted February 1, 2009 Re: My Trade Analysis RU using price action with pivot as SNR as in James16.Appreciate yr wonderful share. Hi doddy, yes i'm using all elements of price action, the less indicators, the easier the trade(work for me)...main tools are the support and resistence... keep it simple n smart..KISS :oops: Quote Link to comment Share on other sites More sharing options...
pasavento Posted February 1, 2009 Author Report Share Posted February 1, 2009 Re: My Trade Analysis Let us share our trading analysis, shall we? EURUSD IMHO, trend is still downside, so, find opportunity only for sell... 1. current price testing 1.2800 support, whether it breaks or bounce.. 2. 1.3000 - 1.3050 will be strong resistence zone, support by 1-2-3 sell pattern and psycho levels Trade Action : If breaks, i'll wait for the price to retest 1.2800 before enter sell If bounce, 1.2900 will be my entry for sell GBPJPY 1. Major trend is downtrend, however lower tf shows changing of trends.. 2. there is a 1-2-3 buy pattern at H4 3. price is testing resistence zone of 129.00 - 131.00 Trade action : conflicting signal...best action is stay away, lets the price leads the way first.. If break resistence, confirm break signal, will enter buy If bounce, confirm with reversal signal, will enter sell Anyone like to share analysis..? :"> Quote Link to comment Share on other sites More sharing options...
zoom2009 Posted July 13, 2009 Report Share Posted July 13, 2009 Re: My Trade Analysis GBPJPY it have high swing hardest pair to trade in forex what u think ;)) Quote Link to comment Share on other sites More sharing options...
bambangws Posted July 14, 2009 Report Share Posted July 14, 2009 Re: My Trade Analysis USE EMA100 / EMA200 H4 ( 4 hourly ) usssually Supportt to buy in Buy Trend .. Quote Link to comment Share on other sites More sharing options...
nkp9999 Posted July 14, 2009 Report Share Posted July 14, 2009 Re: My Trade Analysis Frankie: Why did you say thank you very much dear friend? Who were you referring to? It looks like this is a dead thread. LOL Is anybody going to revive it? Regards. Quote Link to comment Share on other sites More sharing options...
klkoo Posted July 15, 2009 Report Share Posted July 15, 2009 Re: My Trade Analysis Thank you for your trading strategy by trading support & resistance line. When it break the support line, waiting for the price retracement & retest it on the previous support line which is become resistance line & vice-versa for the price break the resistance line. :D Quote Link to comment Share on other sites More sharing options...
crepoking Posted July 15, 2009 Report Share Posted July 15, 2009 Re: My Trade Analysis plz share some strategy & picture........ little bit confused just imagine what masters share Quote Link to comment Share on other sites More sharing options...
pasavento Posted July 31, 2009 Author Report Share Posted July 31, 2009 Re: My Trade Analysis Thank you for your trading strategy by trading support & resistance line. When it break the support line, waiting for the price retracement & retest it on the previous support line which is become resistance line & vice-versa for the price break the resistance line. :D Agreed. There's a lot of trading strategy at the critical levels of snr. Role reversal (classical support resistence) is one of the method. Either you're in when price breaks or wait for pull back, its all up to your personality...how to confirmed breakouts, or how to measure pullbacks, only experiences can tells you...in short, no sets of stone rules.. There is one tips to know price action, stay ONLY at one timeframe that you preferred, purpose is to understand the price movement (behavior) on the timeframe when price reaches critical levels of snr.. hope this small info helps... :"> Quote Link to comment Share on other sites More sharing options...
magic Posted August 29, 2009 Report Share Posted August 29, 2009 Re: My Trade Analysis plz share some strategy & picture........ little bit confused just imagine what masters share I agree with the comments by crepoking , remember a picture says a thousand words. Quote Link to comment Share on other sites More sharing options...
maddman Posted November 14, 2011 Report Share Posted November 14, 2011 (edited) Pasavento, the use of only a Mental Stop loss will eventually get you and anyone else into financial trouble. You've Got to be Kidding... No Wise Professional will be in a trade without a stop loss to protect their Capital. Good Luck!!!Hi William, I'm not providing signal, just my simple analysis using support resistence...yes, its manual drawing. I'm intraday trader. Maybe i will explain more details how it get the snr on my next analysis... :mrgreen: stop losses? hmm...actually i use mental stop loss = money mgmt.. Regards Edited November 14, 2011 by maddman Quote Link to comment Share on other sites More sharing options...
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