do leave a comment n advice so i can improve my trading skill...
thanks a million...
Комментарии
dojitrader
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I was wondering why so many horizontal lines.
To me it just confuses the chart. If you're placing them for support/resistance
I would simplify with only 2 to 4 major areas such as your red and blue boxes.
Everything else is just noise and does not improve your "edge", in fact it makes
a disciplined decision less likely because there are too many places to choose from.
For me, anyway, the more possibilities the harder it is to be confident in placing the trade.
You know what the great traders say: Keep Your Charts Simple, Clean and Clear !!
I would guess, if you removed all unneeded lines, you'll see that your basic idea
of support areas, with harmonic moves and fib levels makes a reasonable case for entry.
Hope you make loads of pips in the coming months !!!!! ~~~~~~
SafwanSopian
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Hai there sir, thanks so much for the comment n advice, yes sir indeed,its really lot of the S&R i make, actually i do does to make it easier for me to see in which level the market will rally to n yes i use the fibs number to put on my entry, target n exit sir... But yeah will take your advice to clean a bit my messy chart, thanks again sir for the comment n advice, hope to hear from u again soon....
Best regards,
SafwanSopian
P/S : i do also pray that u make a loads of pips in everyday that comes...
To me it just confuses the chart. If you're placing them for support/resistance
I would simplify with only 2 to 4 major areas such as your red and blue boxes.
Everything else is just noise and does not improve your "edge", in fact it makes
a disciplined decision less likely because there are too many places to choose from.
For me, anyway, the more possibilities the harder it is to be confident in placing the trade.
You know what the great traders say: Keep Your Charts Simple, Clean and Clear !!
I would guess, if you removed all unneeded lines, you'll see that your basic idea
of support areas, with harmonic moves and fib levels makes a reasonable case for entry.
Hope you make loads of pips in the coming months !!!!! ~~~~~~