Support & Resistance Forex Strategies Support & Resistance is one of the most used techniques in technical analysis based on a concept that’s easy to understand but difficult to master. It identifies price levels where historically the price reacted either by reversing or at least by slowing down and prior price behavior at these levels can leave clues for future price behavior. There are many different ways to identify these levels and to apply them in trading. Support and Resistance levels can be identifiable turning points, areas of congestion or psychological levels (round numbers that traders attach significance to). The higher the timeframe, the more relevant the levels become.
Finding the most important ones can take many hours of practice. They exist due to an influx of buyers or sellers at key junctures. The fact that these levels flip roles between support and resistance can be used to determine the range of a market, trade reversals, bounces or breakouts. Each of these trades will have their own rules for entry and exit. TradingView has a smart drawing tool that allows users to visually identify these levels on a chart.
Forex Level Intraday Support Resistance Trading Strategy Forex Level Intraday Support Resistance Trading Strategy; Levels for intraday trading is an method speculative for to entry position at the predeterminated lines. There are three ways for interpretation of this method of trading: simple, buy and sell at the levels drawen on the chart. Trend following buy … Read more
Forex Murrey Math Reversal Support Resistance Trading Strategy Forex Murrey Math Reversal Support Resistance Trading Strategy: Murrey Math Reversal is a trading system based on Murrey Math levels the zone for trading are the following: Murrey Math levels for reversal trading The price bounce off of a major line levels (1/8, 2/8, 3/8 6/8, 7/8, 8/8) then … Read more
Forex Supply Demand Index Support Resistance Trading Strategy Forex Supply Demand Index Support Resistance Trading Strategy; Supply Demand Index with tools is a template based on the Supply and Demand Index Indicator with many tools analitics for a interpretation of the price that bounces on the zone of Support and Resistance. The main feature of … Read more
Forex Super Profit Levels Support Resistance Trading Strategy Forex Super Profit Levels Support Resistance Trading Strategy: Buy trades rules 1. The trend must be heading up. 2. Wait for the price to climb up towards a round numberlevel. We want the price to break 2/3rds of the entire rangebetween 2 round numbers. For example, if … Read more
Forex Daniella ATR Support Resistance Trading Strategy Forex Daniella ATR Support Resistance Trading Strategy: Daniela forex indicator with ATR is and daily strategy price action. If today’s indicator indicator ATR (2) is more than its previous value for yesterday’s trading day, and the yesterday’s value of the indicator ATR (2) is less than the day … Read more
Forex High Probability Low Risk Support Resistance Trading Strategy Forex High Probability Low Risk Support Resistance Trading Strategy; High Proability Low Risk trading is a system that identifies high probability low risk profitable trades. Time frame 5 min or higher. Currency pairs:any. Metatatrader indicators 1. SuppRTF 2. Exponential Moving Averages a. 15 EMA applied to … Read more
Forex SRT Support Resistance Trading Strategy Forex SRT Support Resistance Trading Strategy: Support and Resistance SRT is a price action strategy. Time Frame 1 min or higher. Currency pairs:any. Renko Chart 5 box size 5 pips or higher. There are three main elements of the SRT system: 1. SRT indicator 2. 8 Simple Moving Average … Read more
Forex Power Dynamite Areas Support Resistance Trading Strategy Forex Power Dynamite Areas Support Resistance Trading Strategy: Power dynamite areas is an indicator specifically designed to determine support and resistance levels on the chart, and performs its functions perfectly. Once installed Power Dynamite Areas indicator to the chart, we see the following picture (see the figure … Read more
Forex Grid Support Resistance Trading Strategy Forex Grid Support Resistance Trading Strategy: Grid Trading is a strategy based on grid it’ is a trend following system (grid trend). Currency pairs. Majors. Time frame 5 min, 15 min, 30 min. Metatrader Indicators: Indicators: Daily open line.mql4 Grid_v2.mql4 Market Panel Clock.mql4 Market Panel Display Controller.mql4 M-Candles.mql4 SweetSpotsGOLD_TRO_MODIFIED_VERSION.mql4 … Read more
Forex Fractal Breakout Resistance Trading Strategy Forex Fractal Breakout Resistance Trading Strategy: Fractal Breakout is a classic price action strategy on the breakout of the high/low. Here there is also a trend line for support. There are two free trend line indicators mql4 for metatrader 4 ( De Mark Trend line trader and Mouteki-De Mark … Read more
Forex Two Points Resistance Trading Strategy Forex Two Points Resistance Trading Strategy: 2 Two points Trading System is a pure price action trend forex strategy. Time Frame H1, H4, Daily. Markets: Forex (any currency pairs). Metatrader Indicators: 2 point indicator; Trading Numbers; 200 Ema high; 200 Ema Low. Up Trend price above 200 EMA channel; … Read more
Forex Reversal Resistance Trading Strategy Forex Reversal Resistance Trading Strategy; Support and Resistance reversl system is a discretionary strategy pure price action. Bounce up to the level of price support , buy. Bounce down to price on the level of resistance , sell. Time Frame 4H Time Frame 4H Markets: Forex, Futures, Indicies. Trading rules Support and … Read more
Forex Price Action Support Resistance Trading Strategy Forex Price Action Support Resistance Trading Strategy; Price Action is a key factor in determining if we are going to enter a trade or not. Although the colored 21 SMA is an easy way to quickly see the current general direction of price, Price Action ‐ due to a better overall picture … Read more
Forex Trend Fibonacci Retracement Trading Strategy Forex Trend Fibonacci Retracement Trading Strategy: Forex Trend Strategy with Fibonacci Retracement is trend following strategy but it is based on the lines of the support and resistance of Fibonacci . Time Frame 60 min. Currency pairs:any also metals and Oil. Forex indicators Exponential moving aerage (perios 150); XIT Fibs (Fibonacci Retracement); Stochastic indicator. Rules … Read more
Forex Fade Break Support Resistance Trading Strategy Forex Fade Break Support Resistance Trading Strategy: Time Frame The fade the break forex strategy works with the 15-minute (M15), 30-minute (M30) or 60-minute(M60 ) candle. Currency pairs: EUR/USD, USD/JPY, GBP/USD, USD/CHF, USD/CAD, AUD/USD NZD/USD. Forex indicators This forex strategy is not using indicators based on mathematical algorithms. but … Read more
Forex Dynamic Trend Support Resistance Trading Strategy Forex Dynamic Trend Support Resistance Trading Strategy: This Trading system, is a reversal forex trading strategy based on a Dynamic channel Support and Resistance indicator written by Tinytjan in 2007 and pubblished on the http://codebase.mql4.com. This indicator is based on the Gaussian function. This is not a trading strategy for beginners, but … Read more
Forex Auto Trend Support Resistance Trading Strategy Forex Auto Trend Support Resistance Trading Strategy; This Trading System is trend following. The trend is determined by autotrend channel. Time Frame 30 min or higher. Currenci pairs: any. Forex Indicators: Spud Stochastic: ( composed by 19 Stochastic indicators); Autrend Channel (setting 30 min , 60 min: 24 hours- 240 min 60 … Read more
Forex Murrey Math Support Resistance Trading Strategy Forex Murrey Math Support Resistance Trading Strategy; This Forex strategy is a Murrey Math a reversal trading system Time Frame H1. Currency pairs:Majors. Metatrader Indicators: Murrey Math Line x setting 60; Trading time. Setup for London Session We always start to look for a potential trade setup at the start of … Read more
Forex Support Resistance CCI Trading Strategy Forex Support Resistance CCI Trading Strategy: Time Frame 15 min and higher; Currecncy pairs:any. Indicators: CCI Custom Candle; Support and Resistance; MTF Trend envelopes 240; MTF Trend envelopes 60; All Pivots; CCI 14 (leve buy 75, level sell -75); Rules Trade only in the direction of the trend. Long Entry: CCI Custom Candle Acqua, MTF Trend envelopes 240 an … Read more
Forex Mouteky Method Support Resistance Trading Strategy Forex Mouteky Method Support Resistance Trading Strategy: In forex a trading strategy is a fixed plan that is designed to achieve a profitable return by going long or short in markets. The main reasons that a properly researched trading strategy helps are its verifiability, quantifiability, consistency, and objectivity. For every trading strategy one needs to … Read more