For FX beginners who are unsure about FX selling and buying perspectives
One of the things you must learn when starting FX is Dow Theory, and even beginners can easily determine whether now is a buying advantage or a selling advantage if the trend is clear.
However, when the chart starts to wobble a bit and becomes choppy, don’t you suddenly lose your bearings?
To prevent such things, you must understand the “pullback low” and the “rebound high,” which can be important lows and highs, and use them as a compass.
Just as unexpectedly, if you don’t organize these pullback lows and rebound highs properly, it can lead to confusion, which defeats the purpose.
To prevent this, I have published an article on my blog that explains how to think about pullback lows and rebound highs in a way that avoids confusion, so please take a look.
The article ishere.
If you still find yourself uncertain about the perspective, I’m biased to say so, but I sell an MT4 indicator that clearly draws pullback lows/highs and the perspective.
This indicator draws lines connecting the highs and lows based on the concept of swing highs/swings lows, so it is recommended for those who want to define highs and lows in a rational, precise way.
The place to buy the indicator on GoGoJungle ishere.