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Hello,
I have a query regarding the use of High and Low support/resistance levels derived from daily charts. In his course, it's explicitly mentioned that Al focuses solely on the Regular Trading Hours (RTH), which run from 9:30 AM to 4:00 PM Eastern Time.
Nonetheless, when pulling up a daily chart on any trading platform, the daily chart reflects Extended Trading Hours (ETH or Globex), suggesting that these levels are significant as well as everyone is seeing them in their daily chart.
My question centers on determining which High/Low levels from the previous day(s) should be incorporated into my intraday chart. Should I prioritize those from RTH, ETH, or consider both?
Incorporating levels from both RTH and ETH on the main intraday chart might lead to clutter due to the presence of four High/Low levels just from the previous day, making it potentially overwhelming. What's your take on managing this effectively?
Helps a lot thank you.
