Hey Traders here is a quick video that explains what I believe is one of the best ways to setup your charts for trading success. My chart trading style does not use indicators. I use a naked charts with support and resistance levels. I use end of day trading daily charts with trend following, and chart patterns, and of course Fibonacci retracement levels. Learning how to setup your charts to see the long term picture of the market can really benefit us in our trading.
People start trading with small moneys and expect big profits thats why they dive into low time frames which is not impossible to scalp but sadly less than 5% of going to make it
Fightinsquirrel
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I'm totally new to this topic and very grateful for videos like this one. Question: at 8:15 min you are talking about connecting the lows, but aren't you connecting the highs? Also, min 10:40 you said "On a downtrend you want be a seller." Q: Wouldn't that depend on how far/deep down in the trend? For instance in your example of 12 months trend I would be late to the party selling now if I bought a year ago?
TradeTheIndex
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@Fightinsquirrel, Hi your right I meant connect the highs. lol Im my opinion you want to be a seller until the trend breaks no matter how long it lasts.
SiailaMapa_
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I am very interesting could you pls sent some more vedio pls.
caserol
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nice video. i am waiting to see more from you. please for your youtube link so that i can subscribe