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[Please Vote] What financial markets do you trade now?

ssg10

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  3. How to draw support & resistance line

    in Technical Analysis

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    Re: How to trade using support & resistance line ?

     

    I trade support/resistance, trendlines and basic channels...

    What I can say is there is no magic indicator that can help precise entry without being stopped out.

    The better one is MACD divergence on double top or double bottom. MAke sure it is a perfect V or inverse V price pattern. If not, don't force it.

     

    The most important is your screen time. The more you watch and "feel" the price, the better you will. There is no shortcut --- it can take over years to get it.

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