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What’s the best way to identify highs and lows in forex?

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@lawanf - 1 year ago - Technical Analysis

Anyone know a good method of identifying highs & lows in forex? I make losses in forex because after I enter a buy/sell trade, the price suddenly starts moving in the opposite direction. Its almost as if I am always late to the party and my timing is so off

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@pierre_r_carosso - 1 year ago

By switching to a higher timeframe. For example on the 1-month time frame (see image), each candle represents one month so you can easily see the highest and lowest price reached for each year.

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