If you're interested in the strategy I use for trading forex pairs, indices, metals, and oil keep reading,
- FIRST馃 i find the highs and lows in the market on the monthly time frame, (last 3 months should be good in general) I indicate the high using a blue horizontal line, and the low by using a red horizontal line.
- SECOND馃, i go down to the weekly time frame and repeat this process
- THIRD馃, i go down to the daily time frame and repeat this process, I also add daily session breaks to my chart so I can see general movement for the day
- Now that I have that all marked up, I should be able to see clearly if price is ranging towards the high (the blue lines) or the low (the red lines) so I can decide if I want to be a buyer or seller in the market today!
- I look for my entry at support, resistance, or retracement
I love this strategy because it's universal and no indicators needed <3
DONT FORGET YOUR STOP LOSS LOVES PROTECT YA SELF, MANAGE YOUR WINS AND LOSSES, AND REMEMBER NO ONE IS 100% PERFECT ALL THE TIME
and i am no financial advisor i just like to help :)
