DislikedBut how do you determine your support/resistance level? Do you have concise rules for that?Ignored
I use the support and resistance indicator found in the 40MA BB and 180x100 package. I was not using it at the time I made the 60x90 system but once I found that indicator I use it all the time. I espescially use it after the 1st 2 levels instead of the 180, 90 or whatever of the EA. It is a much better entrance point. I also often go to the the Daily chart to check those S/R levels and find those are great places to enter 3L or higher retracements. In fact I would be very interested if someone had an indicator that would put the S/R from the daily onto the 4H chart. (not pivot points) That information would be priceless to me.