Greetings,

I was trying to find out (did a search) on mirrored pairs (couldn't find anything yet)- pairs that mimic each other to the opposite ends of support/resistance. For example, the GPB/CHF and EUR/GBP are usually within 15-30 pips of support/resistance and when you look at an H1 chart of each, they are pretty much opposite of each other in practically every manner, but not exact though (within 15-30 pips is pretty dang close though ). I've even traded these pairs for a while now entering a strong support (buy) and resistance (sell) with a TP of at least 100 to 150 pips for each of the pairs and a trailing stop of 55-65 pips (usually not even necessary, but added as a precaution) and following an exponential moving average, one short (6) and long (15) on both charts. I've only entered the trades when I know for sure (when the indicators are starting to go wide on both charts), not right at the cross to make absolutely sure I'm either buying/selling at the maximum support or resistance. If anyone knows of another mirrored pair to use that are within a tolerable pip range, please include it in this thread along with your trading ideas and/or tips on using mirrored pairs. Also, ideas for using an EA for this are welcomed as well. Thank you and I'm looking forward to some interesting conversations here.

-David

P.S.- Should Pivots be used in these situations to determine the best possible points of resistance/support to help determine better entry/exit points for these mirrored pairs? (I haven't used Pivots yet...needs relp!)