Chris, I have been practicing on drawing S/R for the last week. One thing which struck me was the fact that major pairs like, EU, GU, etc leave me with too many S/R zones to content with. Whereas, some other pairs like EUR/CAD, EUR/AUD have lesser S/R zones and tend to give me lesser but bigger room for trades. So, I was thinking maybe trading on major pairs is not such a good idea. Whats your take on it?
Edit: Scratch that. I always end up with messing my charts. They look more like cave drawing. Anyhow some help.
Edit: Scratch that. I always end up with messing my charts. They look more like cave drawing. Anyhow some help.