You should be ashamed of yourself. There are people on here looking for proper guidance and you muddy the waters consistently. You must either work for babypips or babypips doesn’t have the talent to distinguish real traders from trolls. Its sad really. Maybe I’ll start my own forum one day. You’re welcome but these kinds of posts will be deleted. I feel sorry for you but at the same time your behavior makes me glad that you never made it… Now I’m done. :47:
This is a fairly ironic comment to make, artwilder, considering a member here asked how [B]you[/B] approach S&R, a member who is clearly new and looking for guidance. To which you provided a reply based on statistical significance of retracements; a reply from you that no one has disagreed with - but also a reply that you then shut down by admitting you would not go into any further detail. This is clearly your choice, but it also makes me wonder why you would half answer a question in the first place; this makes the water muddy, artwilder. Hopefully you can see this, now that it’s been pointed out?
Actually, in this thread alone I have provided guidance, and thought provoking comments based around Fibonacci. I’ve not provided advice, [I]just food for thought[/I].
I appreciate you feeling sorry for me to, maybe one day I will be able to make a living from trading, I’ve been on a demo account since I started in 2008 and have no intention to open a live account… :35:[I] for the non-native English speaking members here, this is known as sarcasm…[/I]
It’s a real shame that members here have to turn defensive when asked a question about a reply that they chose to make.
Best of luck artwilder - in perhaps not making the water [I]quite so muddy[/I] next time, and perhaps more importantly, not making yourself look [I]quite so silly[/I] by lowering the tone of a thread to derogatory comments towards myself, and the BP staff.
And what timeframe better to use for setting up the S/R levels?? H4 or D1??
Hello hafidfx,
There is no hard and fast rule, as i’m sure you’re starting to see.
However with that being said, a popular approach taken by many new traders is that of multiple time frame analysis (which in this case would be looking at BOTH H4 and D1 as per your example). In this case you would look for confluence (agreement) between both time frames.
For example, if you find a level of S/R on a 4H chart does it also agree with the same level on the D1 Time frame? It is [I]suggested[/I] that this gives a higher level of significance.
You don’t have to limit yourself to just the combination of 4H and D1 - although admittedly it is a good starting place.
Chill guys. 
I’m sure we all appreciate your above comment within the BP community - however you always seem to post one liners in many many other threads which are not intended to add value to the discussed topic?
This is of course fine as it is an open forum, although it would be great to get some real input from you which would benefit others too, perhaps?
I myself did try draw SR like b4. But im not good at it. So I have change my trading habits. I’m using SAR to spot SR. I love hunting reverse. For my trading strategy. The tread is finish when 2 last Sar is side by side. I’m using 10m. I’m a reverse scalper hunter. This strategy work for mi but may b a disaster to u. I won’t not even look at the chart if the Sar is far from the price. I will only start to focus when Sar is near the price. It will start to reverse when price is super near Sar n the last Sar is side by side with each other. And with the help of the ichimoku. I can know when price start to stop n reverse. As i not using normal Japanese I’m using heikin candle. It make me more easily spot the SR. Hope it help. Below is the live which I just screen shot it not a backtest . As im not intersted in back test cos back test is forever perfect. Hope it help.
Yes, finally! now we are talking 
Haha it not I don’t want. Just that some of the term u all saying is too deep for mi which I don’t understand. I don’t wan make a fool of myself which say something wrong. As im not high educated.
Ah don’t be silly, we’re all here to learn - nothing wrong with saying what you want to say.
Not being highly educated is a good thing, at least you can learn the right material rather than the already knowing the wrong material.
Good Luck.
Lol thanks jezzode
For me I also use BB. It was my support n resistance. It double confirm when price hit bb n over it plus Sar is side by side
For mi I don’t draw line beside I don’t know how to draw it well the other thing is also I feel price always changes each candle hv it own supports resistance. No matter how gd u draw it nv perfect. Tat y i use bb. It follows every single candle for support resistance.