Ive been spending alot of time reading into support and resistance levels and plan to base my trading around entry/exit at these levels. Ive specifically been interested in WMDs Deadly Accuracy thread and Sam Seiden's videos on FX Street. Both concentrate on entering on pullbacks to s + r.
My issue at the moment is that I see alot of potential levels all over the chart. However, Im finding it difficult to pick out the approriate levels to mechanically enter trades at.
Id be interested to hear how people who take a similar approach select their levels on the chart.
My issue at the moment is that I see alot of potential levels all over the chart. However, Im finding it difficult to pick out the approriate levels to mechanically enter trades at.
Id be interested to hear how people who take a similar approach select their levels on the chart.