Support & Resistance

Post on 05-Feb-2015

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Support & Resistance

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SUPPORT & RESISTANCEUSDCAD

SUPPORT & RESISTANCE

SUPPORT & RESISTANCE

SUPPORT & RESISTANCE

THE RATIO’S

THE PATTERN

THE PATTERN

THE PATTERN

THE PATTERN

THE PATTERN

THE PATTERN : BUTTERFLY

THE PATTERN : BUTTERFLY

DID YOU SEE THAT ONE?

SUPPLY ZONE

DEMAND ZONE

SUPPLY & DEMAND

REVIEWS/R

DEFINE SUPPLY AND DEMAND ZONES FROM THE 4H TIMEFRAME

YOU ALSO LOOK LEFT WHEN CROSSING THE STREET, RIGHT?

TRADING IN SUPPORT AND RESISTANCE ZONES WILL IMPROVE YOUR PROBABILITIES

REVIEWRATIO’S

RATIO TRADING IS ALL ABOUT FINDING A PRICE ZONE IN WHICH MULTIPLE FIBONACCI RATIO’S COMPLETE IN A RELATIVE SMALL PRICE ZONE

IN CONJUNCTION WITH SUPPORT AND RESISTANCE ZONE’S THE PROBABILITY OF A REVERSAL BECOMES EVEN HIGHER

REVIEW PATTERNS

PRICE VIBRATES IN HARMONIC WAVES UP AND DOWN IN FIBONACCI M AND W TYPE FORMATIONS

THESE PATTERNS REPEAT THEMSELVES ON EVERY TIME FRAME, ON EVERY MARKET IN EVERY MARKET CONDITION

SOME FACTS

THERE IS NOTHING NEW TO TRADING,BUT THERE IS A NEW TRADER BORN EVERY DAY LISTENING TO PROPAGANDA.

YOU DON’T NEED FANCY INDICATORS.

ALL YOU NEED IS YOUR EYES AND A HORIZONTAL LINE.

SOME FACTS

TREND IS RELATIVE, THEREFORE IT DOES NOT EXIST.

RATIO’S ARE ABSOLUTE, THEREFORE THEY DO EXIST.

CONCLUSION

TRADING HARMONIC PATTERNS IN PREDEFINED SUPPORT AND RESISTANCE ZONE’S WILL INCREASE THE PROBABILTY OF SUCCESS FAR ABOVE THE 70% THAT EACH HARMONIC PATTERN POSSES

TREND DOES NOT EXIST

STOP LISTENING TO THE NEWS . IT IS IRRELEVANT TO TRADING.

DO YOU WANT TO BE A TRADER OR AN ANALYIST THAT DOES NOT UNDERSTAND THE FIRST THING

ABOUT TRADING?

OR A NEWS REPORTER?

TRADE WHAT YOU SEE, NOT WHAT YOU THINK.

MAY THE FORCE BE WITH YOU,ALWAYS.

FINIXTRADING.COM

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