dragon33 wrote:rushN4 wrote:dragon33 wrote:
Thanks dragon for showing us new stuff... do you always draw in this lines? or is it just for explanation? to show us....
I only draw them when they fall of my screen. It is just something to consider and for learning purposal about support and resistance.
If you know these points then you can almost predict if it is worth taking a trade or not.
If you can choose to take a trade now with a possibility of 20 pips or just wait till you get the RIGHT opportunity to make about 100 what would you do!!!
I guess i know.
Well those lines can give you that edge you need.
*** WORK IN PROGRESS***