Market Clarity

FX:EURUSD   Euro / U.S. Dollar
EURUSD             - LONG
If you take a step back and look at any currency pair on a greater timeframe you will have clarity on the overall market direction, and be able to identify key points of support/resistance based on historical price action, which logically are more respected as the volatility of the market is lesser.

Once you have identified these areas, proceed into the smaller timeframes like the Daily & 240 minute charts and dissect them further. Start to create a trading plan that confluences with historical price action and be confident that you are entering a trade with overall market clarity and confidence because in longevity, you will not beat the trend.
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