SR Trading

[falme97]

A bit of spare time so I thought I would post a system that I have been trading for sometime today. It's not groundbreaking or'holy grail' system so many on here squander their time searching for, it is just a solid simple system that is kind of an adaption of those'fake or break' trading I posted about a many years back (oh how old I feel)

basically make out SR regions on the weekly/ and also used a breakout or fakeout of 4hr SR places for entrance. A few examples

WEEKLY to plot primary SR regions



4HR for entrance SR areas



. . .another instance





I often use a time period difference of two for SR lineup and entrance. E.g. weekly/4hr, daily/1hr....if I'm daytrading afterward some times a larger difference 4hr/15mins, 1hr/5min.
Hopefully this may help a few people out. It's simple and clean and works on all the time frames and most of the time permits you to sent pending order, although I like if candle sticks.

https://www.nigeriaforextrading.com/...1827688429.ex4
https://www.nigeriaforextrading.com/...1078045585.mq4

[pozo]

Hello, can explain the rest out and imitation out egy. Also, how what is the indior u use on ur chart. Thank you? If I engage on H4, what is SL and TP level should I set? I just watched the arrow indior

the imitation out is the conflict zone beetween vendor and buyer... who's the winner will drive the price. . Thats what I know. .
From the imitation out we could see. . Much pending order because in this zone price is more appealing for demand and supply. . argggh. . I cant xplain. .

Take google interpret. . From indonesian/bahasa into ur langguange. .

Fake Out adalah ciri ciri dari banyaknya order yang ditanamkan oleh penjual dan pembeli. . Dengan adanya penolakan harga disitu kita bisa pastikan bahwa di level tersebut merupakan area yang sangan menarik bagi pelaku pasar.

Jangan entry ketika breakout /fakeout sedang terjadi, tunggulah seberapa saat ketika harga kembali/pullback. . kemudian entrylah dengan SL selayaknya

Fakeout/breakout selalu terjadi di area support dan resistance yang telah dikenal pasti sebalumnya. .

contoh. .

Im always entry on M1 TF. . With alittle risk much reward

[falme97]

All these are GU Friday short term transactions (think of 1hr/5min as short term lasting minutes/hrs, 4hr/15min as moderate term lasting hrs/days and w/4hr provided lasting days/weeks)





. . .second chance of entrance, to late on a Friday but given as a good example.





ideally this can help those looking for a reliable easy system, maybe not indior driven (it is more just for visible help, also alert feature is very good to have), only supply and demand at past SR points. Any questions, ask.

[pozo]

Hello Kraven.. Can green pips always with u..
Same w that you... im always searching for imitation outside, breakout as primary analisys then. .

im falling in love with PA analisys. .
My2cent for EU... wait and watch. .
regard. .

[pozo]

GBP/EUR USD within my eyes. .
KISS

[pozo]

IMHO. Both of these un obviously Break yet (breakdown). . For intraday Bias still bullish. . Maybe rightnow bullish lossing momentum.
regard.

[falme97]

Hi meugampong, nice to hear from a fellow'break or fake out' trader. I have a tendency to let new 1hr SR lines available on a new week rather than utilizing Fridays, but when I did it would go in this way.





I don't struggle or figure the price, it's either going to continue these SR areas (made by past failures to go further) or fail again. As I really don't control the price I simply try and follow it. The way I chart analyse is that the easiest. Much prefer it that way.

[pozo]

Hi, nice to hear from a fellow'break or imitation out' trader. I have a tendency to allow new 1hr SR lines available on a new week rather than utilizing Fridays, but if I did it would go like this. picture picture I don't fight or guess the price, it's going to last at these SR areas (created by previous failures to go further) or fail again. As I don't control the price I just try and follow it. The way I now chart analyse is that the simplest it's been in years. Much prefer it that way.

Nice chart Kraven. Me to kraven. . Going long for 5 minute at GU just for scalp and Tight SL and perhaps price going in my favour to the previous Resistance like I know and marked as FAKEOUT. . Sorry for my english. .

Here's just another my analysis in USDCAD concerning the fake out and I try to ch the retracement so we can try to make some pips with a tiny risk and large gain. . we hope. . hehehe

[falme97]

Just to explain. If price continues its leadership then'break out' in case it goes through and pulls back/reverses afterward'fake out'

[pozo]

Just to clarify. If price continues its leadership then'break out' if it goes through and pulls back/reverses then'fake out' picture

allow the picture tell us. . I can't cexplain in m5. . My monitor dont fit to see. .
The best way to exchange out the fake. . Always buy in the deep and market in the sky. . The pullback is always a fantastic idea. . Entrance when u watch a validation. . Than with just a little SL ww try to exchange with the trend. . The actual Breakout is that the manual whre that the price will go. . I see in usd cad we dont have a clear breakout/regular breakout. . At least minute chart. . btw. . Its just analysis. . Sorry if I disturb your thread. . Im not a genius's. . Just an standard trader