Disliked{quote} This is a fantastic system but as you said price action especially on 1 day time frame is essential Draw support and resistance levels on your daily chart ( if not sure go though Tom Weller's Youtube video on the daily alert strategy) Don't buy going into resistance level unless your profit level can be reached without hitting these levels Don't sell going into support levels unless your profit level can be reached without hitting these levels Time and time again the trend will reverse when touching these levelsIgnored
Hi Tom the pop pop You are right $/cad up over 100 pips
Below is the daily chart of the $/cad Using support and resistance lines I can see about 14 times that the price as bounced off support and resistance levels
I can see maybe three that have gone through those levels . Look out for the candle that is heading towards the 2.2180 level it could break through that level or it could bounce