Trade using A2SR. #1. How to take BREAKOUT opportunity for each SR level.

Trade using A2SR. #1. How to take BREAKOUT opportunity for each SR level.

7 November 2016, 13:25
Yohana Parmi
0
99

Sell

 

  • 1. Let the price breaking through a current Support.
  • 2. Previous Support is now become new Resistance.
  • 3. Wait price bounced back and reaches (new) Resistance.
  • 4. Sell at Resistance.
  • 5. s/l is at above 1 level (next) Resistance
  • 6. 1st target is at 1 level Support below current position.
  • Example :

Total pairs : +500 pips

 

 

Buy

 

  • 1. Let the price breaking through a current Resistance.
  • 2. Previous Resistance is now become new Support.
  • 3. Wait price pulled back and reaches (new) Support.
  • 4. Buy at Support.
  • 5. s/l is at below 1 level (next) Support.
  • 6. 1st target is at 1 level Resistance above current position.
  • New trading plan as example :

Scale (time frame) is about trading style (Scalping, Intraday trade, Swing, etc). 

SR trendline and horizontal line are good for combination and confirmation for strong SR level. 

Patient? It must.  :)

ps.

With my respect to A2SR users who bought this product, this posting is created as review only and/or an additional for your SR strategy.

Good luck. 

Share it with friends: