Practical Excercise No. 4

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  • December 7, 2015 at 12:37 pm #1930
    George Gordon-Smith
    Participant

    Hi Rich,

    Herewith 2 daily charts showing untested support and untested resistance.

    Also a 15 minute chart showing untested resistance which looks to present a respectable profit target for a long trade.

    All the best,

    George

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    December 8, 2015 at 1:18 pm #1935
    Rich FittonRich Fitton
    Keymaster

    Hi George,

    Good stuff 🙂 See how the GBPUSD one has been referenced by the markets on a number of occasions in recent months too (from above and below). That looks like a promising area!

    July 9, 2016 at 4:25 pm #2087
    Helen EdwardsHelen Edwards
    Participant

    Hi Rich – here are the 3 examples.  I have highlighted in yellow rectangle my standing point to avoid any confusion.

    Thanks

    Helen

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    July 12, 2016 at 12:34 pm #2093
    Rich FittonRich Fitton
    Keymaster

    Hi Helen,

    Yep, great stuff 🙂 I’ve added a few extras on too. I still get a bit of a thrill from seeing s&r levels kick in!

     

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