does anyone else trade this way? trade from larger tf's like daily & weekly. follow the news for market direction & then monitor s&r levels for where price will go to, entry & exits. let pa (price action) tell you how the market (price) reacts when it gets to major s&r areas/levels. throw in a few ema's (90, 150, 365), fibs, & tl's for confluence, maybe macd/stoch for divergence. if so, how is that going for you? any comments or anything to add to this style/method?
