Support/Resistance - how far back should I go

[bulapip]

Hello.....sorry for the newbie question but I am trying to draw my support and resistance lines and was wondering how far back in time do I go. I can zoom in on the daily and weekly charts that could take me as far back as 1998! What is a good period of historical data to be able to mark in support and resistance lines. Thanks in advance

 

[vasude]

watch recent levels only...

 

[stevko]

... and Dale´s weekly commentary as an example how to look to the movements

 

[bulapip]

still not helpful guys..........what sort of time period should I look back at? 6month, 1 year, 2 years etc

 

[stevko]

somehow it is a yes on all of them - look for significant levels - sometimes it is far back, which is not really what you´d like to see.

this one helped me: http://warroom.theforexguy.com/debriefs/