The OP Big E on Support and Resistance,
To go back further in your charts... go to a higher timeframe... like Daily or weekly. Mine goes back over 10 years... and remember this method works on all timeframes.....
The key to understanding is studying old charts to build your confidence in the TDI Crossover/entries... burn it in your mind.
Pay attention to previous swings (# of candles) and your current support and resistance levels.
After a while your eye/brain knows what to look for and it becomes quite natural and fast...
Lower timeframes require constant monitoring (5/15/30/1hr)... otherwise you may get sacked and lose your pips..
That's why I prefer to trade the 4 hr charts and above and I don't generally have to monitor the trade... makes me pips while I sleep... News doesn't normally effect the higher timeframes either...
Hope this helps...
Follow the trading journey of the OP here in Forex factory. Read all his posts, 1485 posts is not too much to read. Read, study and take notes of your own.
Do not limit yourself to just his 463 posts in this thread. There are a lot more to learn starting in his old thread which will help you build a strong foundation what Trading Made Simple is and you won't regret spending the time reading, studying and developing your own winning system that fits you.
DislikedAdong, To go back further in your charts... go to a higher timeframe... like Daily or weekly. Mine goes back over 10 years... and remember this method works on all timeframes..... The key to understanding is studying old charts to build your confidence in the TDI Crossover/entries... burn it in your mind. Pay attention to previous swings (# of candles) and your current support and resistance levels. After a while your eye/brain knows what to look for and it becomes quite natural and fast... Lower timeframes require constant monitoring (5/15/30/1hr)......Ignored
To go back further in your charts... go to a higher timeframe... like Daily or weekly. Mine goes back over 10 years... and remember this method works on all timeframes.....
The key to understanding is studying old charts to build your confidence in the TDI Crossover/entries... burn it in your mind.
Pay attention to previous swings (# of candles) and your current support and resistance levels.
After a while your eye/brain knows what to look for and it becomes quite natural and fast...
Lower timeframes require constant monitoring (5/15/30/1hr)... otherwise you may get sacked and lose your pips..
That's why I prefer to trade the 4 hr charts and above and I don't generally have to monitor the trade... makes me pips while I sleep... News doesn't normally effect the higher timeframes either...
Hope this helps...
Follow the trading journey of the OP here in Forex factory. Read all his posts, 1485 posts is not too much to read. Read, study and take notes of your own.
Do not limit yourself to just his 463 posts in this thread. There are a lot more to learn starting in his old thread which will help you build a strong foundation what Trading Made Simple is and you won't regret spending the time reading, studying and developing your own winning system that fits you.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
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