cazador Posted May 28, 2010 Report Posted May 28, 2010 Strategy of the Psychological Price - Support and Resistance Very Simple we will use the price like support and resistance for every trade. Look the images and tell me what do you think about my idea. if you can help me with my strategy, you are welcome! Regards Caza. http://img697.imageshack.us/img697/7829/estrategia1.gif http://img339.imageshack.us/img339/3690/estrategia2.gif http://img156.imageshack.us/img156/5577/estrategia3.gif http://img684.imageshack.us/img684/9506/estrategia4.gif http://img375.imageshack.us/img375/949/estrategia6.gif http://img696.imageshack.us/img696/9811/estrategia7.gif http://img96.imageshack.us/img96/821/estrategia8.gif http://img717.imageshack.us/img717/4034/estrategia9.gif http://img39.imageshack.us/img39/563/estrategia10.gif Quote
cazador Posted May 28, 2010 Author Report Posted May 28, 2010 http://img706.imageshack.us/img706/1600/estrategia11.gif http://img241.imageshack.us/img241/8638/estrategia12.gif http://img210.imageshack.us/img210/8544/estrategia13.gif http://img576.imageshack.us/img576/6607/estrategia14.gif jasik1984, PauloGomes and synergy 3 Quote
jasik1984 Posted May 28, 2010 Report Posted May 28, 2010 Looks good Cazador. How do you identify support and resistance levels? Do you have special indicator for this? Quote
cazador Posted May 28, 2010 Author Report Posted May 28, 2010 (edited) Looks good Cazador. How do you identify support and resistance levels? Do you have special indicator for this? no my friend.. is not and indicator.. just I am using the price like support or resistance. I start my support or resistance price levels with: For Example EURUSD. I only trade BUY/SELL whit this support/resistance price levels.. 1.2000 1.2300 1.2600 1.2900 1.3000 1.3300 and I am using for TP or STop lose the others price levels. Fore Example EURUSD: 1.2100 1.2200 1.2400 1.2500 1.2700 Edited May 28, 2010 by cazador Quote
cazador Posted May 28, 2010 Author Report Posted May 28, 2010 but the stop loss is always - 50 or - 60 pips no more or reversal signal. Quote
cazador Posted May 28, 2010 Author Report Posted May 28, 2010 More Examples with USDCAD http://img195.imageshack.us/img195/4741/usdcad.gif http://img717.imageshack.us/img717/3637/usdcad2.gif Quote
cazador Posted May 28, 2010 Author Report Posted May 28, 2010 GBPUSD http://img294.imageshack.us/img294/9833/gbpusda.gif Quote
rusty1975 Posted May 28, 2010 Report Posted May 28, 2010 hi , i use a similar method , and i complete it with a chart of the same pair but in a shorter time with point and figure to confirm the trend , i mean to know where the price will go , sup or resistance . regards rusty Quote
flowe Posted May 28, 2010 Report Posted May 28, 2010 Cazador, please can you post your indicators Quote
rusty1975 Posted May 28, 2010 Report Posted May 28, 2010 yes sure , for 1 month i use it , i must say it s quiet accurate , it s not the grall but i m happy with it i ll post the indi and tpl Quote
soundfx Posted May 28, 2010 Report Posted May 28, 2010 Hi cazador, I like the simplicity and the strategy seems to work well from your examples. Rather than drawing your own psych. lines all the time, there's an indicator you can use called sweetspots.mq4 (just google it - it's freely available). I think the indi. defaults were written for a 4 digit broker, so you may need to add 0 to some of the gap parameters. Quote
Hagar1713006266 Posted May 29, 2010 Report Posted May 29, 2010 Hey guys- I found these "sweetspot" indi's, would appreciate some feedback on them :) http://www.megaupload.com/?d=TGRMFCS2 enjoy =D> cazador, tomislav, sovereighn57 and 1 other 4 Quote
detrader Posted May 29, 2010 Report Posted May 29, 2010 Funny enough I downloaded those myself earlier today. They look goof providing you can get them setup to the same numbers as this system Quote
jjames Posted May 29, 2010 Report Posted May 29, 2010 Big round nrs trading i like this Cazador Quote
Guest hftlh Posted May 29, 2010 Report Posted May 29, 2010 I like the idea of support and resistance trading. :) Quote
Gyverd Posted May 30, 2010 Report Posted May 30, 2010 (edited) How did you know the pricewill go to Up or Down ? How did you know if the price break Resistance will go North or reversal goes to south ? Any special formula, please ? Edited May 30, 2010 by Gyverd Quote Trading = Action !
Thunder Posted May 30, 2010 Report Posted May 30, 2010 He enters when the linechart crosses the violette lines. But how are these lines drawn? And what is your exit strategy. As I can see on the first screens you dont wait until it hits a violete line again. So please give us some more information :) Quote
luckyrich Posted May 31, 2010 Report Posted May 31, 2010 More Examples with USDCAD http://img195.imageshack.us/img195/4741/usdcad.gif http://img717.imageshack.us/img717/3637/usdcad2.gif hello cazador, pls can upload the template and indicator you are using with this system. also i want to know if you use this system of 4 hours timeframe bcos 4 hours signal will be more accurate than 1 hours. waiting to hear from you. thanks Quote
cazador Posted June 15, 2010 Author Report Posted June 15, 2010 Eurusd 1h Mor Examples.. Very Profitable Strategy. http://img824.imageshack.us/img824/3176/eurusd9.gif http://img248.imageshack.us/img248/3928/eurusd8.gif http://img821.imageshack.us/img821/9664/eurusd4.gif http://img704.imageshack.us/img704/1210/copiadeeurusd7.gif http://img138.imageshack.us/img138/584/copiadeeurusd6.gif http://img21.imageshack.us/img21/5038/copiadeeurusd5.gif http://img249.imageshack.us/img249/1589/copiadeeurusd3.gif http://img541.imageshack.us/img541/1231/copiadeeurusd2.gif http://img180.imageshack.us/img180/9062/copiadeeurusd.gif Quote
cazador Posted June 16, 2010 Author Report Posted June 16, 2010 http://img46.imageshack.us/img46/286/capture3c.jpg Quote
cazador Posted June 16, 2010 Author Report Posted June 16, 2010 http://img41.imageshack.us/img41/92/preciosoporte.gif SELL SIGNAL EURUSD 1.2287 Quote
anton1713006147 Posted June 16, 2010 Report Posted June 16, 2010 Hi Casador, Please advice the manual of this beautiful system. Thanks Quote
smurf43 Posted June 17, 2010 Report Posted June 17, 2010 Hi Cazador Would you be so kind to share the system (indicators, tempates and the rules) Quote
flowe Posted June 29, 2010 Report Posted June 29, 2010 yes sure , for 1 month i use it , i must say it s quiet accurate , it s not the grall but i m happy with it i ll post the indi and tpl Please can you post indi and tpl Quote
Gyverd Posted June 29, 2010 Report Posted June 29, 2010 Waiting for you indicators & templates; thanks B 4. Quote Trading = Action !
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