oldarmy1 said:
If I were to say "trading to the left side of a chart is easier than trading when there is no left side to achieve" what would that mean to you?
Left side gives insight to previous support and resistance levels. Monitoring these key levels with breaks and volume confirmations can give entries and stop guidance that new offerings with no chart history do not.
***If this post is on Business and Investing, take it with a grain of salt. I am wrong way more than I am right (but I am less wrong than I used to be) and if you follow me you will be too.***
B&I Key:
ETH - Extended Trading Hours --- RTH - Regular Trading Hours
ORH - Opening Range (1st 30min) High --- ORL - Opening Range Low
R1, R2, R3 - Resistance 1, 2, or 3 --- S1, S2, S3 - Support 1, 2 or 3