I shall be discussing a set of rules that you can apply to get used to trading with support and resistance. It is great for beginners looking for some guidance when venturing into price action trading, very simple yet very efficient!
Technical analysts use support and resistance levels to identify price points on a chart where the probabilities favor a pause or reversal of a prevailing trend. Market psychology plays a major role as traders and investors remember the past and react to changing conditions to anticipate future market movement. Not only for Forex, and Crypto but also for Stock and Future markets.
You'll learn about
The "3 Signs of Smart Money Activity and How to Trade with Them.
Odd Enhancer of Trading Market Structure.
How to locate a supply-demand zone.
Different kinds of zones and how to determine how strong they are.
When supply and demand zones end.
How you can trade with the zone of supply and demand.
Odd enhancer for trading in a zone of supply and demand.
How to Use Support and Resistance in Trading.
The psychology behind support and resistance.
The different types of support and resistance.
How support and resistance are formed across multiple time frames.
Strength of support and resistance and when they break.
How to develop Forex, Crypto, Stocks, Metals, and Commodities trading skills.

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