Also worth mentioning that support and resistance are also very useful.
For example a 5m time scale may show a downtrend, but if you zoom out a 30m scale, there is support about to be hit. I'd buy as soon as it hits the support, then zoom back into 1m to look for risk of further decline.
- Forums
- Forex
- Where to begin?
Also worth mentioning that support and resistance are also very...
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add XAU (FOREX) to my watchlist