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  1. #1
    Solid Member Zanadu's Avatar

    S/R Level Test-3 !!!

    AUD USD 5m Chart
    S/R Level Test-3
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  2. #2
    M.J
    M.J is offline
    Veteran Member M.J's Avatar
    Analysis behind this trade seems very logical because pair was moving near support zone. It is really hard to predict time of reversal and reversal point. That is why, giving more time to pair can yield better results. I recommend 4-hr expiry or 1 hour expiry, depending on situation and volatility, especially when u r trading retracements.

  3. #3
    Solid Member Zanadu's Avatar
    Thank you MJ for your valuable inputs.

    Frankly speaking I had a vey rough(a primitive way) calculation for selecting the expiry time.
    I just manually checked how many candles it took (1M Chart) to reverse from the support. And I just copied the same time period
    for my trade. I know it may not be very professional. But I have no idea how to calculate the expiry period for my trades;
    be it on any chart period.

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