- January 16, 2018
- Posted by: Forex Wiki Team
- Category: Forex Trading System
Support And Resistance Zones trading system
Easy, confirmed and worthwhile S/R system
By Howard Cooper
There are a whole lot of varied trading methods on the web, however most of them are unusable and primarily not worthwhile in the long run. For that reason, I wish to introduce my (confirmed and worthwhile) trading system using the S / R zones.
I can positively suggest the system to everybody, as a result of it is vitally easy, however a really very worthwhile!
It’s simply wonderful how so easy trading system might be worthwhile. So right here the saying beneath is basically true: Simplicity is the final word sophistication (Leonardo da Vinci)
The system is constructed on a strong indicator displaying essential S / R zones, which I discovered on the web. So all credit go to the writer. Through the years that I commerce, I've not seen any higher indicator on the S / R zones.
1) Firstly I’d prefer to let you know extra in regards to the indicator for the essential assist and resistance zones, which I exploit on this system. The indicator exhibits the resistance and helps on the prime quality worth zones solely. So the indicator doesn’t draw a whole lot of the zones, nevertheless it attracts solely the essential ones.
Nonetheless, its primary benefit is that it additionally exhibits us the high quality of resistance and assist zones. Or moderately, what number of occasions the market examined a given zone (S / R). Right here, logically, the extra occasions the market examined the zone, the zone shall be stronger and extra legitimate.
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