just a newbie question, how would one identify support and resistance levels, i mean there are so many from classical to woodies etc. which are the strongest or valid S/R lines, can anyone shed light on this subject.
what i tend to use "natural" support and resistance levels i.e. what i can see with naked eye be it weekly, daily or 4 hourly...anything to establish some strong S/R
many thanks
sam
what i tend to use "natural" support and resistance levels i.e. what i can see with naked eye be it weekly, daily or 4 hourly...anything to establish some strong S/R
many thanks
sam