Quote from: jstmtlqc on Today at 12:47:17 PM

Quote from: palle11 on January 13, 2022, 05:13:04 PM

I was reading your support and resistance explanation and you actually made it clear that the longer time frame is better for it compared to short time like 5minutes time. That is true and you have made good chart there and help to beginners.
But about the support and resistance, for daily traders sometimes support and resistance is not what you need because is just a short-time trade. Candlesticks are important if you are a swinger or short time trader.

Yes, I agree.

S/R is just one example that I wanted to give. I also show some patterns but not all. I didn't get into candlestick as I never traded them.

Ill try to have a look at candlestick pattern to see if I can suggest a couple of formations for the readers.

Thanks for the feedback

Sometimes the newbie is actually looking for a simple strategy to follow for him to start with.
What some a newbie just want is a trading pattern like when MAs cross and RSI touches the -30 in the 1hour chart it's time to buy and when it hit the +70 on RSI, it's time to sell. It's the kind of strategy a desperate one need.

In your blog though, you cover it all which is good but it's a long route. Next blog entry, you can assume that the reader already learned how to operate the tradingview.