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 .
Don’t know how to build a strategy don’t worry we have done it for you try our strategies below:
- power ranger strategy
- blade runner strategy
- easy 40pips strategy
- day trade strategy
- profitable strategy with custom made indicators
You find all above strategies on our home page here
Still afraid from trading alone ? check our brokers that offers copy trading and signals
Discover how millions of users on eToro trade together in top financial markets. Join today to share and discuss trading ideas, copy successful traders, and learn how to create smarter and more informed investment decisions. Don’t wait, signup today and find your Steve