How to CORRECTLY Draw SUPPORT and RESISTANCE LEVELS in FOREX. STEP BY STEP BREAKDOWN
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This easy walk-through guide shows you how to CORRECTLY draw on support and resistance levels (Key Areas).
We talk about key levels, where you should draw them at, how to TRADE off of them and much more. The market is 90% technicals, so it’s IMPORTANT to find the COMMON KEY areas and not just place and support/resistance line anywhere you see price stop at. That’s what most traders do and that’s why their support/resistance levels aren’t stable. Your support and resistance line should never be a random weird number like 1.34839!
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DISCLAIMER: I am not a financial advisor. The videos on my channel are for educational and entertainment purposes only. This channel demonstrates how I invest and day trade, but does not suggest that a viewer of this channel should use any particular strategy. Investing of any kind involves risk, and past results are no indication of future performance. Your investments are solely your responsibility and not mine. While day trading can bring serious gains, it can (and often does) also bring a likelihood of serious losses! If you decide to invest, make sure you do your own research to fully understand the commodity class and the operation of the market before doing so. You could sustain a loss excess of your initial investment and therefore should not invest money that you can’t afford to lose. The fluctuation of the market can work for you or against you. You should carefully consider your investment objectives and experience before deciding to trade in the market. Again, what you invest in is solely your responsibility. Videos and written descriptions are © 2020, Christopher Williams, all rights reserved.
DISCLAIMER: Due to the volume of students within The Swag Academy and the rate at which we continue to grow, services we may have previously offered are no longer available. Please refer to www.theswagacademy.com to see what we currently offer. Thank you for understanding.