No announcement yet.

Need some help for zones (support and resistance)

  • Filter
  • Time
  • Show
Clear All
new posts

  • Need some help for zones (support and resistance)

    Hello, 2 months ago I read the book 'Naked Forex' and I made myself a strategy, but there are areas I'm not very sure and I'm looking for some help, not for the to do in my place but to guide me a little. In the book, he says to not do too many areas, only marks those that are important, last week I watch one of these videos and he does a lot of areas, so now I do not know what to do.In the book it is written to define areas on a higher timeframe, but I notice that there are many, I trade on timeframes of 4H and 1Day, so I made my zones on a timeframe of 1W and I retouch on 1D's timeframe, can you tell me which to the most sense. The first image is made on a timeframe of 1W and 1D, the second on a timeframe of 1D and 4H.
    I am someone who likes reviews, so do not hesitate! Thank you !!!
    You do not have permission to view this gallery.
    This gallery has 2 photos.

  • #2
    This is actually one of the things I used to struggle with the most. Finding S and R everywhere.
    You need to just find and use the most important and relevant levels, in comparison with where price currently is.


    • #3
      I heard a lot of different information about this book, I myself started trading in Forex not so long ago, and I would like to ask whether it is worth reading this book, whether this book will help me in my endeavors, thanks in advance)


      • #4
        If you are just starting out than the most important strategy is just to follow average. You really do not need to do all like he describes here cause it's way too much for someone starting out. Do like you wanted to in the first place really. Are you with me here ?