Success of Simple Buy Support/Sell Resistance Strategy?

Discussion in 'Trading' started by proftradingjourney, Nov 27, 2022.

  1. easymon1

    easymon1

    Are you still interested in this?
     
    #11     Dec 1, 2022
    proftradingjourney likes this.
  2. CannonTrading_Ilan

    CannonTrading_Ilan Sponsor

    Personally I dont think you will do well only using SR levels.
    That being said, you can use SR levels as tools for profit targets, stops and perhaps with additions of other filters to make trading decisions.

    I also like using variable SR levels, example is using the hourly SR levels when trading a 15 min or 30 min chart, somewhat using a "larger time frame levels"
    Perhaps this video will help beginner traders as well.
     
    #12     Dec 5, 2022
    proftradingjourney likes this.