Disliked
Since I will be concentrating on recurring patterns I will not be so concerned about which pairs I trade but more so on the time frames.
I myself will concentrating strictly on the four hour and daily charts.
but please feel free on any input or your own particular trades so long as they are based on sup/res. areas or recurring and interpretation of chart patterns...
Ignored
The main point of my method is that you should determine a trend first.
It's hardly to trust trend lines as sup/res levels when you don't see a trend.
It's a safiest way of using trend lines - to analyse a trend, so you can make a very profitable trade.
Once you have found a trend, you should sertainly trade in the direction of the trend. Wait till price
crossed the trendline (consider here as sup/res level) and when buy on close. Set SL on opposite side of the line.
Take profit is before the next sup/res level.