one of the biggest problem of using lines aka trend lines and support and resistance being this line very subjective i try to use your concept to draw the lines on candles close but find 100 pip difference in M chart the place of this level is the core of the method ...and most of time i had to but it in the middle of previous top and bottoms because no single line will pass through ... if i feel suspicious about the levels and start to adjust it a little up and down and start to guessing is the price now above or below ?.....
based on...
| Thread Tools | Search this Thread |
| |
The BIG roads are made with small steps !
) what i try to do is wait for the price to retrace at a previous resistance or support and if there is a pin bar or some sign of weakness i trade/
any suggestions?
