Disliked{quote} hi Fartist yes i noticed what you said just yesterday. luckily before i wrote you i exited a couple of positions i scaled in the wrong way. a few hours after my stop loss was triggered losing 1r on some pairs. also if you trade soybeans and corn, have you noticed the rapid increase in prices? i haven't found explanation to these movements i also found a thread about weekly support area but i've no idea what that is, can you give me a simple explenation? last thing, but maybe the most important. i saw one of your videos in which you talk...Ignored
I have no idea on fundamentals on the agriculture products.
I don't trade off the daily charts, but it is no doubt a valid setup for those who trade the daily.
Since i trade off the 1& 4 hour, i would wait for price to trade lower and find an entry to trade in once more.
fartist
Whether you can or you can't, you are both right.