Trying to understand and read support/ resistance.
hi all,
I am Dan, I have no experience whatsoever in trading a total noob, as they say, I don't know if this is the right place to try to learn this game and even if I am not allowed to post stuff like this here please tell me and sorry in advance.
so right now with the help of the youtubes and google I am trying to figure out how to read these charts and am trying to figure out where to look for support and resistance. Am I even looking in the right places? I would also like to figure out why supports and resistances are where they are but I imagine that that is not easy to figure out.
any tips would be very welcome especially if any of you could let me know of any basics I need to google and learn.
thanks in advance for any help you choose to give.
and sorry for wasting your time.
Dan
I am Dan, I have no experience whatsoever in trading a total noob, as they say, I don't know if this is the right place to try to learn this game and even if I am not allowed to post stuff like this here please tell me and sorry in advance.
so right now with the help of the youtubes and google I am trying to figure out how to read these charts and am trying to figure out where to look for support and resistance. Am I even looking in the right places? I would also like to figure out why supports and resistances are where they are but I imagine that that is not easy to figure out.
any tips would be very welcome especially if any of you could let me know of any basics I need to google and learn.
thanks in advance for any help you choose to give.
and sorry for wasting your time.
Dan
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