Hi all,
I am a day trader, and as such I trade from the inception of the European - till the end of the US session (sometime JP News..).
Anyway - I think it is essential to start any proper day trading with a firm idea where the best Support and Resistance points for the main pairs.
I start the day at 7GMT (02:00 US) - and the first thing I do is look for actual banks suggestions on the daily support and resistance point + TRADING SUGGESTIONS . I tested several banks on the Yen and found that A japanese bank is best and most reliable regarding the USD/JPY - EUR/JPY - GbP/JPY - and my prefferred bank for this is Mizuho bank which has a great daily technical analysys which is updated every morning : this is the link :
http://www.mizuho-cb.co.uk/TresInter...CALS/Index.htm
What I am asking is : what are your best sources for daily support and resistance for eur/usd and gbp/usd etc - and where are they published (the link) - I am interested in sources that update daily at 7Gmt - or a bit later (this rules out the American banks). My main interest is banks - since - they actually invest many resources into analysis.
Tnx -
PS - Merlin - your thoughts on this will be much appreciated
I am a day trader, and as such I trade from the inception of the European - till the end of the US session (sometime JP News..).
Anyway - I think it is essential to start any proper day trading with a firm idea where the best Support and Resistance points for the main pairs.
I start the day at 7GMT (02:00 US) - and the first thing I do is look for actual banks suggestions on the daily support and resistance point + TRADING SUGGESTIONS . I tested several banks on the Yen and found that A japanese bank is best and most reliable regarding the USD/JPY - EUR/JPY - GbP/JPY - and my prefferred bank for this is Mizuho bank which has a great daily technical analysys which is updated every morning : this is the link :
http://www.mizuho-cb.co.uk/TresInter...CALS/Index.htm
What I am asking is : what are your best sources for daily support and resistance for eur/usd and gbp/usd etc - and where are they published (the link) - I am interested in sources that update daily at 7Gmt - or a bit later (this rules out the American banks). My main interest is banks - since - they actually invest many resources into analysis.
Tnx -
PS - Merlin - your thoughts on this will be much appreciated