DislikedThe last M closed as an IPB in the PB range and overall the P is in RM.
The IPB is the second seller reaction at R level.
2011.11.22 IPB at R and sell order with the M IPB's low +TL as the first target.Ignored
I am quite new to this game. I like this trade a lot.
You normally trade longer TF. I am trying to learn using shorter frames so it's more movement in the chart ( as candles should work the same or almost the same in the shorter TF)
The problem I have is when I put all support/resistance lines starting from M and ending on H or even 15m then the chart is getting very busy.
How should I filter those S/R lines. In other words which lines are more important in short TF?
DislikedCorrect me if I am wrong but ideally I would like to focus on one or two pairs and use the longer TFs to play with and follow their moves in shorter ones lets say H,15m to be able to correct any order if needed
DislikedCan you recommend any other low spread pair wchih is not much related to one above
DislikedWould it be ok if I post my own prediction of the move of Eur/Usd
Dislikednice outside bar of support,did not take itIgnored
DislikedWe turn back to talk about some very important trading steps:
-plan the trade-one of the most important in trading process is the trade plan, understanding what the price is doing, who is in the market control, waiting for the price to reach our levels and the emotion control.
We accept and we are taking all the responsibility for our actions as trades, entries, exits, etc.