Hi Friends,
I have started learning YTC Price Action recently. In that I am not clear of how to identify High Timeframe Support/Resistance. Could anybody please help me on this?
In that book it was mentioned below notes to draw Support and Resistance
==============================================
Scroll back through your historical chart data to the earliest date available and position the start
of a trading session on the right hand side of your screen. For 6B or GBP/USD this will be the
start of the UK forex session (0800 GMT)
Identify and mark the areas of S/R, using the data to the left.
==============================================
thanks in Advance,
Mullangi
I have started learning YTC Price Action recently. In that I am not clear of how to identify High Timeframe Support/Resistance. Could anybody please help me on this?
In that book it was mentioned below notes to draw Support and Resistance
==============================================
Scroll back through your historical chart data to the earliest date available and position the start
of a trading session on the right hand side of your screen. For 6B or GBP/USD this will be the
start of the UK forex session (0800 GMT)
Identify and mark the areas of S/R, using the data to the left.
==============================================
thanks in Advance,
Mullangi