|
PureBytes Links
Trading Reference Links
|
Greetings RT's, I realize this question is real basic to all of you,
but am I kinda new at trading. I've been studying for about a year and
have made 7 trades. My problem is that I still having a hard time
recognizing support and resistance levels on a chart. I study mostly
the grains. Do I use the whole life of the contract chart to develope
these points? Is there different values of resistance and support
(weak, strong, etc.)? Is there hard and fast rules in identifying
these points? I use Fib retracement points so I can recognize that, but
other then that I'm lost. Thanks much people,
Arlen in Minn.
|