Confessions of a noob

Discussion in 'Professional Trading' started by mgabriel01, Nov 10, 2007.

  1. K-Pia

    K-Pia

    Supports and Resistances are more of an Art than a Science.
    There are plenty of methods to find and draw them.

    I'd like to warn that S&R aren't ultra sharp, precise.
    Usually it's more of an area than a thin line.
    Also, it can breaks. It's not 100% sure.
    And nothing's 100% sure out there.

    But I've got one advice.
    Search for them in a higher time frame.
    If you trade Daily, look for weekly supports and resistance.
     
    #31     Mar 22, 2016
  2. Handle123

    Handle123

    Since his last post was 8 years ago, I think it too late.
     
    #32     Mar 23, 2016
    Heis likes this.