Recent content by fastfx

H Splitlink, I think I understand now the connection between S/R of various time frames.You established resistance on a hourly chart and use the same price in 5 mi chart to enter. That was a puzzle for me. To establish the Daily trend you used actual long trend of many days and not only 1 day...

Hi Splitlink, Thanks for you response. Let see if I fully understood you.( I just opened a demo so please bear with me) So I would first determine the trend on a Daly chart..most current Daily candle bullish/bearish and from the same Daily chart determine S/R back several previous days...

If I decide to place my trade from a Daily chart where do I look for S/R ? Also is it the best to enter a trade right @ the Daily candle open ? Thank you in advance