In the quest for clean, stripped down charts from which to work from in an uncluttered environment, which S/R lines are essential for you? Previous Day Low/High? Previous Week Low/High? Year Low/High? Obvious limits of current Ranges (in multiple time frames)? Obvious other strong S/R levels?
I'm still struggling with things getting cluttered fast on my charts as I identify these levels on the various pairs I troll looking for trading opportunities. I find myself constantly 'cleaning' things up, day-to-day, and I don't feel that I have an adequate systematic approach to managing this yet.
How do YOU manage the ongoing updating of important levels/areas on your charts from day-to-day? Obviously, your time frame is going to affect this...I am a day trader, but would like all input from both successful day traders as well as longer term traders.
Thanks in advance!
I'm still struggling with things getting cluttered fast on my charts as I identify these levels on the various pairs I troll looking for trading opportunities. I find myself constantly 'cleaning' things up, day-to-day, and I don't feel that I have an adequate systematic approach to managing this yet.
How do YOU manage the ongoing updating of important levels/areas on your charts from day-to-day? Obviously, your time frame is going to affect this...I am a day trader, but would like all input from both successful day traders as well as longer term traders.
Thanks in advance!