Aggressive S/R lines
SwingPRO Trade Example
AUDUSD | 2012/02/15 | 95 pips
Description: Using an aggressive rising support, in this case, let us catch the downward movement in an obviously zig-zagging market. The aggressive S/R also got us a good entry price, allowing us to capture more pips on the drop. (ref# 36)
Wednesday, February 15th 2012 @ 7:03 UTC - Trade Setup: We are currently flat but there is a nice rising trend support that we will look to get short off on a break. Short targets are 20/20/25/30 for 95 pips.
Thursday, February 16th 2012 @ 8:08 UTC - Result: 95 pips All targets just barely hit yesterday for 95 pips as our support break occurred at 1.0756 @ 12:24 UTC (email alerts sent out).