forex tribe's Technical Analysis

Hi,

The point is to give all key points of the day to traders. This a a kind of sum up of for all parities. But of course, this have to be used with others tools and a technical analysis. That's seems clear for a lot of people who thanks me for that, so i don't really see what you don't understand in that table. This is very useful and easy to use.
 
Resistances and supports updated the 05/26/2009
26052009.PNG
 
Guys - do you really believe in R&S at specific levels? Don't you think it is a bit risky to say that resistance is at...let's say 1.4467 ? ;) On one platform price will go there on the other it will never reach it. It does not work this way. It is OTC market.
 
No, it doesn't! I'm in Euro/GBP, this morning. I've done ok, but I got out when I thought that I had made enough. Normally, I go for Footsie but found it a bit slow, today-

Re: the 5 min chart. I got the long down leg ok, so am not moaning, but the lines are where I have calculated my RS lines. What to do, now?
 

Attachments

  • 090601 EP5M.gif
    090601 EP5M.gif
    27 KB · Views: 209
Last edited:
My first impression is that if the RS line coincides with something else, in this case an average, the average indicates the direction.
 
You must log in or register to reply here.

Similar threads

C
pyramiding
2
Replies
21
Views
6K
bonsai
B
M
Pyramiding
Replies
3
Views
3K
CityTrader
CityTrader
F
Stock market = Pyramid selling?
Replies
3
Views
2K
PKFFW
P
-oo0(GoldTrader)
How to Trade Futures - Interactive
Replies
1
Views
2K
rog1111
R
Scotty2Cues
What is physically happening with fibs
Replies
15
Views
4K
maiden22
M
Top