Support & Resistance: Only Drawing the Market’s “Big Deal” Walls

You ever see those charts covered in lines like a spiderweb attacked by a highlighter? That’s what happens when folks draw Support and Resistance on every tiny wiggle. But for us savvy traders, we know better!

We only bother with the Daily, Weekly, or Monthly Support & Resistance levels. Why? Because these aren’t just flimsy little fences; these are the market’s Great Walls of China, its Fort Knoxes, its unyielding cosmic boundaries!

We ignore the little, fleeting squiggles on the 5-minute chart. Those are like speed bumps in a parking lot – barely worth noticing. We’re looking for the major highways, the grand battlegrounds where the big money players actually make their stands.

So, ditch the cluttered charts! Focus on these high-timeframe levels. They’re where the market actually pays attention, where it has its big, dramatic confrontations, and where you should be, too, ready to place your bets at the market’s most important landmarks. Anything else is just distracting noise.