As a baseline, you should not rely on indicators that use any kind of moving average if the SNR is below 6 dB - meaning Signal strength is only 4x Scalpers like to use this indicator because when it is above the dotted line then the stock is trending and not trading sideways. Buy when the indicator line is green and sell when it is red. Let me Level: 2 Background John F. In this code, the period of the measured dominant cycle is calculated in exactly the same manner as we calculated it for Ehlers terms the case where half the average daily trading range is equal to the signal amplitude as our zero decibel Signal-to-Noise Ratio 0 dB SNR condition.

He wants the signal amplitude to be at least twice the noise amplitude 6dB This is a trend indicator at its core so combine with rsi or a moving average of your choice to see which direction the stock is trending in. I have to work on it though. An error occurred during a connection to el2. The page you are trying to view cannot be shown because the authenticity of the received data could not be verified. Please contact the website owners to inform them of this problem.

HI Rayner,I cant thank you enough for the information you have given out free like this!!! God bless you. I have learned from your u tube videos about how to trade with the build up. Today I learned how to place the SL. As a new comer for forex and loser this is good lessons for me. Thanks a lot. I am continuously reading your lessons.

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Thanks again. Backtested Dynamic Stops against my closed positions. It would have added considerabley to my profits. In addition I could have used SR range as an opportunity to add on an up day and red flag confirm complete breakdowns. As always your tutorials are keepers! To us PA is the King, Queen and all in all in the market place. I begin by drawing my SR lines on the Bigboss monthly fine tune and add more on the Boss weekly fine tune and add more on the Worker daily.

I place my trades from the Worker depending on the direction given by the Boss and Bigboss. Thank you. Hey Rayner! You said that you must wait for the candle to close beyond the support or resistance levels to confirm a breakout but some examples here show the fact that price did close beyond the support and resistance area with consolidation even forming. Yet, after sometime fails and goes back to trade in the range. Can you please explain? Thank you for your teachings. Your Pro Tips are very helpful.

Your understanding of what is happening with price action and the possible scenarios that can result from it. I have a question which might be two part. Great and helpful stuff you put up here. I have been having issues with this strategy because i am always stopped out of the trade which has been giving me headache and made me start researching again till i came across this post ……i will put everything you taught into practice and share my success with you, i hope this solve all the problem.

Awesome post. I have learned a lot about SR. Thanks for all your help and support. Hi Rayner I have two comments please. Is there an indicator that can draw SR? Or does it always have to be done manually by the trader?

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Hats off to you. Hi my name is Mhlonipheni from South Africa I wait for bullish engulfing candle to form at support area and enter long at the break of the high of the engulfing candle stop loss 80 pips below support level.

For bearish I do the opposite daily time frame. My experience tells me that the probability of multi-tests of SR levels leading to break-outs increases by dint of the frequency of the tests relative to the time-intervals between them; i. Cheers Joerg. Hi Rayner, i Read Your This artical..

Thanks a lot God Bless You. Hi Rayner! Thank you so much for sharing all the valuable content, which btw is like a gold mine to us beginners! I do have a small doubt.. You are always rocking. Help society to make wealthy. Great person in the world. I promise my self , will learn and trade always as you taught. What is the most suitable timeframe to look for if the style of trading are as below:- 1. Between 3hrs to 6hrs 2. Between 6hrs to 12 hrs 3. Between 12 hrs to a day 4. Between a day to 3 days 5. Between 3 days to a week. I like your salutation everything you about to start a session.

I just started this month learning how to trade. I only have 1month and using demo accounts. I have been paing people to teach me but this clear info you provid from your youtube platform is great. Thanks alot, you my mentor as from now on. My goal is to buy house by December One question before I go, how do I size the area of SR since you said we should treat it as area instead of a line.

Can I apply this support and resistance strategy in stock market here in Philippine? I just want to know thanks. Thank you for the material provided. I can identify the trend and use EMAs to help me trade with the trend. I do understand that you sell resistance in a downtrend and buy support in an uptrend.

Support and Resistance Zones - Road to Successful Trading

My only problem was the idea of what support and resistance looks like and how to apply it as well as confirms. The struggle was in applying the concepts as well as knowing what happens if prices reaches that area. New to forex business hence the terms are still strange to me. I believe with constant study I will get over it. Thanks for words of wisdom and simple teaching method.

The way you have treated this SR topic has deepen my understanding. But I will like to know how to identify or draw SR area using meta trader 4 on Android phone. Your teaching is laudable and commendable. Easy to understand and to comprehend with example to reveal the real picture of how the market works. I have suffered a lot of loses before encountering your books. Now, I will have to source for capital and go back to trading and begin to put to practise all what I have learnt from your book. You shall hear good news from me soon. Thank you so much for not keeping this knowledge to yourself alone.

Price Action Strategies

Excellent support and best method of trading you are explained here. Requesting kindly share support and Resistance downloadable PDF format kindly share it here please Thanking you. Hi Rayner It was really help full your lessons to understand the market SR levels, and thanks for that and I also want to know about fibanacci retracement and extension please can you explain brief about that …….. The charts you show in your lessons what time frames are they and what time frames do you recommend under different trading scenarios and why?

But one thing I look for is the range of the candles on the pullback.

Mr Rayner. Thank you for all these insight. I believe some of your video will guide me through. I hope that the book I downloaded will also help. Thank you very much for your help to humanities. Thank you for your valuable sharing. Thank you very much. Thank u Rayner, I can now successfully trade the support and resistance strategy. But I have a question how can I draw sr lines in mt4 when using a mobile device….

Your strategies are really good I am enjoying each and every one of the videos -really doing a good job keep it up…. Hi,I read and learn a lot from your mail and thankful to you. One query-which timeframe chart should I use for intraday and swing trading in this strategy? Please also tell me if your Booklet Pullback stock trading system works for stock and stocks futures for Intraday and swing trading? Waiting for your response.

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