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@  Cookiebrawler : (17 September 2019 - 04:27 PM) MegaMoney 90%
@  aasir : (16 September 2019 - 10:25 PM) Binary Triumph
@  traderpusa : (10 September 2019 - 01:35 AM) that was my bmw lol. E60.
@  Monoaldo : (10 September 2019 - 01:34 AM) E60
@  manfloy : (09 September 2019 - 11:12 AM) well said.
@  traderpusa : (09 September 2019 - 11:07 AM) at least for the moment, china will hold back because of economic conditions. My guess is they want to involve PLA but simply are not in a position to do so for the moment.
@  traderpusa : (09 September 2019 - 11:05 AM) well, regardless of any agreement between uk and europe, there is still nato is trump doesn't blow it up lol
@  manfloy : (09 September 2019 - 11:04 AM) I am really worried about HK if the PLA phase in this can interrupt the entire chain between FX liquidity and current import / export countries. I understand that we have a bunch of corporations exposed to China, now believe that 99 percent of them are stable in HK because they have a high law. If the PLA gets in, they'll substitute this economic centre with a singapore.
@  manfloy : (09 September 2019 - 11:04 AM) Yeah, they're really a very significant player. I am informed that there is also a lot more than economic, for instance there are a number of military agreements agreed between the GB and the EU, which is serious.
@  traderpusa : (09 September 2019 - 11:02 AM) the UK being part of the EU GDP figures, but not part of the Euro only makes things a bit complicated on how to interpret numbers for trading purposes.
@  traderpusa : (09 September 2019 - 11:00 AM) of course one needs to focus on US being the biggest economy but UK is still up there. https://gyazo.com/42...39df1c7c58d9221
@  manfloy : (09 September 2019 - 10:56 AM) I'm focused on the US, so I don't spend so much on the GB, I'm supposed to study it well since 2015, but something has altered worldwide, literally, it's an enormous step in the world's liquidity and global system, modifications are nice, but they're really colorful.
@  manfloy : (09 September 2019 - 10:56 AM) thanks good reading
@  traderpusa : (09 September 2019 - 10:53 AM) As to China, read this over the weekend : https://apnews.com/6...f75f013bf54e6a9
@  manfloy : (09 September 2019 - 10:51 AM) Spectacular indeed lol, this is huge to be honest
@  traderpusa : (09 September 2019 - 10:47 AM) it's gonna be interesting. MP's are leaving the sinking ship and now also Bercow has resigned. Gonna miss this guy lol
@  traderpusa : (09 September 2019 - 10:46 AM) https://gyazo.com/58...16d785753060ff0
@  manfloy : (09 September 2019 - 10:44 AM) I am very concerned about GBP, I have decided to leave until the government is making some definite deals on the Brexit. I'm not a supporter of uncertainty.
@  manfloy : (09 September 2019 - 10:42 AM) US It is expected to rebound until new years, because the season is coming and everyone is ready for new year revenues.
@  manfloy : (09 September 2019 - 10:41 AM) China is underwater now, and I can't even define how starving they are for dollars. Their imports fell significantly last quarter. They're trying to stimulate again, but I don't think it should work out, more than: we're back to the 2014/2015 situation. The issue with the Chinese central bank cutting off the supply of cash, the issue that they are not diversified around the world.

Photo

Simple trick for defining S/R levels


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14 replies to this topic

#1 marijan993

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Posted 17 June 2013 - 06:38 AM

*
POPULAR

There is one almost perfect way to determine s/r levels. One can simply use volume. Put volume indicator on 1 hour chart and look for highest volume readings in a day. Then simply put horizontal line on the close of the candle which had highest volume reading. It is almost prefect to a pip.

 

Attached File  5.gif   69.54KB   53 downloads

 

 

 

Kind regards,

Marijan


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#2 TheChatter

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Posted 19 June 2013 - 04:29 AM

Cheers, will check this out when I get MT4 sorted



#3 swede

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Posted 19 June 2013 - 04:07 PM

you showed me this method a few months ago...i have used it a lot since then and it works very very well....thanks!


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#4 marijan993

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Posted 20 June 2013 - 06:16 AM

you showed me this method a few months ago...i have used it a lot since then and it works very very well....thanks!

You're welcome, I'm glad I could help!



#5 kostasze

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Posted 20 June 2013 - 10:04 AM

Actually, I use a similar method with Better Volume Indicator for smaller TFs. The whole story is about Price Manipulation by the big players of the market who are trying to build their positions. The challenge is to understand what they are doing and trading in this direction. Juct selling "buying climax" and buying "selling climax"

;-)



#6 shirtlesssinger

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Posted 20 June 2013 - 08:46 PM

Which indicator are you referring to Kostaze? You said it is a better volume indicator or is that the actual name of it?


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#7 kostasze

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Posted 21 June 2013 - 05:21 AM

It's the actual name of it. Better Volume indicator 1.4. You can find it in FF. There is another indicator like this, SonicRPVSA which is also in FF. Both of them are great and do the same job.



#8 kostasze

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Posted 21 June 2013 - 06:19 AM

Look at this. It's a good example.The green and red bars are climax bars.

-Green Bar: "Buying Climax" (The price is increasing and the investors are buying heavily)

-Red Bar: "Selling Cilmax" (The price is moving down and the investors are selling heavily)

There are some patterns.For example  buying climax at tops it means a possible movement down.

Selling Cilmax at bottoms means a possible movement up.

Notice the selling climax near the support, three times.

eurusdm5bo.png
 
I hope this helps. I am waiting for your thoughts guys.

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#9 shirtlesssinger

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Posted 27 June 2013 - 06:30 PM

I havent been on here in a few days but I tried to click your link to see the image but there is none. It took me to the photo hosting website but not the actual image


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#10 Deuyren

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Posted 21 December 2016 - 02:10 AM

 

It's the actual name of it. Better Volume indicator 1.4. You can find it in FF. There is another indicator like this, SonicRPVSA which is also in FF. Both of them are great and do the same job.

 

#11 Deuyren

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Posted 21 December 2016 - 02:11 AM

Sorry what is ff?

#12 traderpusa

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Posted 21 December 2016 - 03:27 AM

www.ForexFactory.com



#13 Deuyren

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Posted 22 December 2016 - 01:06 AM

Thanks bro

#14 reteid

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Posted 23 December 2016 - 05:10 AM

Didn t know this....learning every day...thanx very much and have a happy Xmas!


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#15 KleantRrera

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Posted 26 December 2016 - 05:58 PM

Makes sense :) Thank you. 


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