fractal support and resistance

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fractal support and resistance

Postby uturns5826 » Wed May 05, 2010 7:28 pm

i saw i nice vid on you tube where if a fractal signal is made the indicator would shoot dots out like parabolic sar above or below the candles at the high or low of the candle for support or resistance would be a nice indicator

http://www.youtube.com/watch?v=1Uy5gpAelr4
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Re: fractal support and resistance

Postby uturns5826 » Thu May 06, 2010 2:07 pm

i tested the strategy from the vid today this could be a powerfull tool if used corectly i shorted aud/jpy gbp/jpy aud/usd all on a break of support 1 micro lot aud/usd 128 pips aud/jpy 479 pips gbp/jpy 732 pips :D quite impressive because i didnt have an exit plan and i had to go to my day job i closed out the market moved way faster than i had expected
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Re: fractal support and resistance

Postby elmcceen » Thu May 06, 2010 3:10 pm

thats sounds realy impressive! I thinkl i have to watch this vid tomorrow!!!
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