Wednesday, March 10, 2010

CSR100


The forex technique that I would like to share with you guys is called CSR100. This technique was developed by JGV100 from Carigold.com. The technique is based on price action, support and resistance. We use support and resistance as our entry and price action to know the market trend. To be honest with you guys, this technique is the most easiest and understandable even by a forex newbie. First, we should know what is support and resistance.


Support
Support is any part at which the market stopped going down and turned up.

Resistance
Resistance is any part at which the market stopped going up and turned down.

Price Action
Price action is based on Low, High, Higher Low, Higher High, High, Low, Lower High, Lower Low.

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1 comments:

Craig Ballantyne on November 7, 2013 at 6:18 PM said...

Finding positive correlation between backtesting results and other phases of testing, including out-of-sample and forward performance testing, is pivotal in precisely estimating the feasibility of a trading system and Forex robot reviews.

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