I see,
Price,
Tick volume
Anything else?
Price,
Tick volume
Anything else?
HMSR
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DislikedTo make it easy, we trade the price of the underlying asset (always vertical because the price can only go up or down) and since we need to make a desicion we "need" to plot another axis to make a visual representation of what the hell is going on in a way that our little brains can understand and decide from there there are NO variables in a Forex chart, or ANY chart, only the price increasing or decreasing !! we ONLY need 1 point of reference to make solid desicion, thats why some people always say that "price action" its what matters in the end.....Ignored
Disliked{quote} in my opinion support/resistance levels are price levels where long army and short army fight each other the most, so they left a sort of horizontal lines in the battlefield, once price break through these levels it could mean one army probably will lose their battlefield and price could go to that direction for a while until two armies have a big fight again. i'm really bad on plotting SR levels therefore i think higher highs and lower lows make more sense to me. if a small new mountain peak formed, and if it is a higher peak because there...Ignored
Disliked{quote} Basically; support/resistant levels are very much important to understand the nature of any trend; I basically use the daily time frame mainly to point out any important level of this market.Ignored
Disliked{quote} Why don't you go to the higher timeframes like weekly or monthly, I think the higher timeframes have less noise.Ignored