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My Forex experience and some Forex related information that might be useful to other traders

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Forex blog posts about support and resistance are presented here. You can click the selected excerpt's title to continue reading on 'support and resistance'.

Pivot & Fibo Indicator Now in MetaTrader 5

April 20th, 2010

Another conversion from MT4 to MT5 is presented to you today. It’s a TzPivots indicator that can display daily pivot points (several types), support and resistance levels and Fibonacci retracements on the main chart. It can adapt to different timezones (both your own and your MetaTrader server’s) and thus …

New (Systematized) Look at the Old Strategy

March 28th, 2010

A new addition arrived to the Forex strategy repository on EarnForex.com today. It’s a rather mundane strategy based on the support and resistance levels, but it’s given in a systematized form with a structured description. This Support and Resistance Strategy will be easily understood even by the beginners that aren’t acquainted with the concept …

Support and Resistance Indicator in MetaTrader 5

January 18th, 2010

It’s been a while since the last time I’ve converted some indicator from MT4 to MT5 platform. So, today I present Support and Resistance indicator, which was initially written by Barry Stander for MetaTrader 4. It was a very simple conversion since the code was quite small in the MT4 …

EUR/CHF Double Bottom Horizontal Channel

November 8th, 2009

The weekly chart of EUR/CHF currency pair is showing a rather rare pattern — a horizontal channel formed by the support and resistance levels. The support level is a double bottom with two lines close to one another. The bearish breakout through such support level can be a very strong signal. EUR/CHF …

Support and Resistance MetaTrader Indicator

January 27th, 2008

Enjoy the new MetaTrader indicator — Support and Resistance — ready to be downloaded from the indicators page. This indicator shows the dynamic support and resistance levels directly on the chart. It applies the levels to the certain periods that are treated as the trends or sub-trends. This indicator was originally developed …

Forex Technical Analysis for 09/03—09/07 Week

September 1st, 2007

EUR/USD trend: sell.
GBP/USD trend: sell.
USD/JPY trend: sell.
EUR/JPY trend: sell.

Floor Pivot Points:
Pair 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res
EUR/USD 1.3727 1.3480 1.3554 1.3637 1.3711 1.3794 1.3868
GBP/USD 2.0203 1.9838

Forex Technical Analysis for 08/27—08/31 Week

August 27th, 2007

EUR/USD trend: sell.
GBP/USD trend: sell.
USD/JPY trend: sell.
EUR/JPY trend: sell.

Floor Pivot Points:
Pair 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res
EUR/USD 1.3607 1.3372 1.3523 1.3602 1.3753 1.3832 1.3983
GBP/USD 2.0018 1.9603
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