how to setup daily chart ?

How to read charts and setup your trades:

first open daily time frame look image below

1-Trace trend lines and channels

2- check for support and resistance  ( logic is : buy on support and sell on resistance)

3- check demand and supply zone download this indicator here

4- check lower time frames to find entry point such as 1h or  30 minutes or  15 minutes TF

 

You need to fine entry point using indicators that give buy and sell signals to setup your trade

you will need to set several indicators to make a strategy that make your profitable in forex trading.

the strategy give you all you need to setup your trade .

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