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SUPPORT & RESISTANCE USDCAD
27

Support & Resistance

Feb 05, 2015

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FINIX TRADING

Support & Resistance
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Page 1: Support & Resistance

SUPPORT & RESISTANCEUSDCAD

Page 2: Support & Resistance

SUPPORT & RESISTANCE

Page 3: Support & Resistance

SUPPORT & RESISTANCE

Page 4: Support & Resistance

SUPPORT & RESISTANCE

Page 5: Support & Resistance

THE RATIO’S

Page 6: Support & Resistance

THE PATTERN

Page 7: Support & Resistance

THE PATTERN

Page 8: Support & Resistance

THE PATTERN

Page 9: Support & Resistance

THE PATTERN

Page 10: Support & Resistance

THE PATTERN

Page 11: Support & Resistance

THE PATTERN : BUTTERFLY

Page 12: Support & Resistance

THE PATTERN : BUTTERFLY

Page 13: Support & Resistance

DID YOU SEE THAT ONE?

Page 14: Support & Resistance

SUPPLY ZONE

Page 15: Support & Resistance

DEMAND ZONE

Page 16: Support & Resistance

SUPPLY & DEMAND

Page 17: Support & Resistance

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

Page 18: Support & Resistance

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

Page 19: Support & Resistance

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

Page 20: Support & Resistance

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.

Page 21: Support & Resistance

SOME FACTS

TREND IS RELATIVE, THEREFORE IT DOES NOT EXIST.

RATIO’S ARE ABSOLUTE, THEREFORE THEY DO EXIST.

Page 22: Support & Resistance

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

Page 23: Support & Resistance

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

Page 24: Support & Resistance

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

ABOUT TRADING?

OR A NEWS REPORTER?

Page 25: Support & Resistance

TRADE WHAT YOU SEE, NOT WHAT YOU THINK.

Page 26: Support & Resistance

MAY THE FORCE BE WITH YOU,ALWAYS.

Page 27: Support & Resistance

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