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Old 09-09-2006, 04:11 PM
tradergap tradergap is offline
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Thank you for the replies. As a new trader starting out in this learning process I have only studied how to apply indicators. Looking for convergence and divergence or using multiple indicator confirmations....

As mentioned, the number one trading strategy seems to based on price.

My question is: How long will it take for a new trader to understand market action from price only?

Do I observe price and focus on support and resistance levels? How do I derive these levels?

Thank you.

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