Forex Support and Resistance - Better Off Without It

[@katandmart]

To anyone reading this comment can I recommend you watch every single one of this guys videos. Even if you don’t think they are all relevant to your strategy or you think you already know enough about the subject. You will still learn something from this guy’s experience and the way he presents information. He only talks about what he knows about. If he doesn’t know he doesn’t just guess. The FX market is generally the least understood and is no doubt the darkest of all. This guy shines a rare beacon of light.

[@HardKillaz]

By you get to the metals list, he has crammed so much info in your head and you are so buys testing out your algorithm, you kinda have slow down or take a break at times. Every now an then I try to get 2 vids in.

[@jivinliew]

VP, I wanna say a huge thank you to you. Before I found this channel I was trading demo the RSI MACD strategy on forex with all the other tools in the dirty dozen. Fast forward to today, I am almost done building my algorithm, and I really admire the approach that you do. Put in the hard work and results will follow. I'm 15, and, really I agree with this, and I hope to become a pro trader one day. If I had not discover this channel, I wouldn't have been able to even come close to that dream. THANKS VP! All the best to everyone else!

[@2buxaslice]

I agree with so much of what you say. I will however admit that the most success I've had in forex has been when I only use support and resistance. The biggest mistake I see people making when using support and resistance is that they put their stop losses to tight to their buy price. When starting out trading too many people are so scared of losing money that they don't give their trade enough room to move. Your advice of one and a half times the ATR is perfect. Also, if you use support and resistance you should set your lines up on the weekly chart. If you are using anything lower than that chart you are hosed. It just won't work. Another problem I had starting out was not knowing when to get out of a trade and holding for too long or getting out too soon. You need to learn to look at the chart and find the right price to take half, and to get out completely. Getting good at stop loss placement and exit strategies for wins will completely turn your success rate around.

[@aldig3935]

True those wick will trigger stoploss

[@tedk572]

Yes, it is a calming teaching voice. As an experienced solo forex trader for over 12 yrs, I have experienced all of the pitfalls he tries to teach you to avoid. Preservation of capital is by far the most important part of money management. Don’t bet the farm on a trade, nobody picks the perfect entry, but you can get close. Follow his principles, then make them yours. There is plenty of room for more superstars in forex. He’ll, you may even survive a flash crash, which is the biggest test of ones discipline. Free secret: Scale in, scale out!

[@duonganhquan6273]

The main reason I don't like Support and Resistance (Even though it makes sense fundamentally) and Price Action trading in general is I really have to second guess and doubt myself every time it gives me an unclear signal. Whereas with indicators it's really easy to pinpoint the exact entry and exit points.

[@pkealoha76]

Aloha from Hawaii! Im so blessed to have found you. I'm an old Elliott Wave trader that hasn't found success enough to trade full time. You opened my eyes to actually building my own algorithm and using indicators?! I didn't think it would be so fun and lucrative. It's already more accurate than my way, less stress, and more definitive as to entries, and exits. Mucho mahalo VP.

[@joshuainman9180]

Put together my first simple algorithm Thursday with each of the five pieces you use. Tried to adjust the EMA as a base for now until I get to explore more MA styles and tested different volume and continuation indicators. My first few trades all hit and I felt no anxiety even when things were headed towards my stop loss, just waited things out, no more guessing. Not going back to price action any time soon. Can’t wait to figure out how to find more indicators beyond what a basic google search can provide.

[@mikeujoel]

Hi VP. Just want to let you know I am steadily growing my account daily. My confidence is improving everyday. All thanks to you. You the man bro😎

[@jameslowe4421]

same here man, life changer! only gonna get better.

[@SmilingMeowRuff]

VP, you are so right. The first thing that everyone teaches is support/resistance lines. NO one ever states the fact that the Banks are there waiting to take all their money 90% of the time. Thanks for just telling it like it is, going against the grain will always make people uncomfortable but that's their problem!!!! Fist pump!

[@philnewpower]

Yes VP! When I started looking into trading, I felt support and resistance lines where so vague! Watching this video gave me the confidence to ignore them completely. I will never go back.

[@beluolisahchukwudalu2445]

I am so glad this channel exists ,for the longest time i really needed to stop hearing nonsense about forex .thanks so much man

[@tradingsanctuary]

I back tested my strategy and with and without S&R levels and wow. It's not that those lines have lost me money, but they have prevented me from entering so f*cking many winning trades, which is worse. Thank you for this.

[@kumu8879]

I don’t trade the no nonsense method but I still watch and love your videos.

[@jonsturdivant92]

Absolutely everything works differently for different people! I didn’t make consistent profits until I started using S/R personally...

[@josecarlosxyz]

I see so many forex gurus using these trend lines and support lines I can’t take it serious anymorr

[@bouchaneamine8422]

First of all it's not that S&R don't work, it's just that the majority of traders are dumb. We can't say that some tools work and others don't just because we make or lose money using them, most of the times we don't use them the right way. Second, S&R are not and cannot be lines, they're areas (big difference) where price MIGHT move a certain way. Third, we can't GUESS the direction of the price when it's in a S/R area, all we can do is to see what's in front of our eyes, that's where choosing the right indicator with the right settings comes to play. Lastly, there is no such thing as certainty in trading.. it's just a combination of simple tools to limit our risk and exit a position at the right time.

[@NoNonsenseForex]

You seem to have found a well thought out approach to using them, which is awesome. Not many can or ever do.

[@Newlyvidz]

Glad to be a part of this priceless channel since day 1. VP, you will get rewards for this one way or another. Thanks champ 🙇‍♂️

[@_Phyro]

I think the biggest misconception of S/R is that most think that its a single line when it's actually an area...

[@jimmyggreg8999]

But how do you find this area without drawing a line? And where do you draw the line? How many do you do? Where do you stop? XD

[@dracozain1023]

@@jimmyggreg8999 a box tool, if it breaks it has to come back to it majority of the time, a rejection candlestick hammer/doji =end of a trend indication and loss of momentum,, read price action

[@lionelperez6635]

Wow...im extremely amazed how its so easy to run into traders online that show you how to enter trades from a lower time frame after looking at the higher time location first....if price is in a support zone on the weekly then you drop down to a 4 hour or 1 hour to analyze if it will respect that level.... i used a simulator for almost 3 years now to analyze everything i do and have no clue why others dont as well....all time frames are fractal in nature so master the confluence for atleast 3 timeframes ... put the work in ... if others can do it ... then you can do it 2

[@alfredrichardson3415]

VP after watching all of your videos and seeing the constant use of S/R all over the internet I had decided that I should put those S/R zones on all of my charts and use them as TAZs trade avoidance zones so I never tie my entries or exits to those zones. Trying to stay away from the 99% and the Big Banks. It has proven useful to see if I can see the big boys in action around the TAZs! Thanks again for the efforts you expend to help the little guys extract some money out of the market.

[@navz4]

The information on this channel turned my trading account and my trading system from an absolute shit and guess work to a winning account. It's a life changing experience. It's like a treasure quest and i absolutely love your approach in this channel. Million thanks to you VP for these absolutely wonderful and life changing informations.

[@lucaspreziosi1006]

same here, so far so good

[@kaanabee813]

What did you guys do?

[@trusttheprocess5618]

Joined the IM academy because I was anxious to learn and jump into forex, found VP literally 2 days after(thank god) after realizing everything VP was saying is 100% true, got my refund 2 days later. Thank you for guiding me In The right direction!!

[@izzyrov5814]

No wonder I've been losing... I relied on price action too much and didn't use indicators besides ATR...This is really eye opening. THANKS SO MUCH VP!

[@atticusmaverick5695]

You made some valid points that have opened up my mind. I definitely support your opinion! I struggled trading until I began using S/R lines. I have most success trading continuations of the trend on a "pull back." I also look to get at a minimum 2:1 risk/reward ratio more if possible. I "win" about 60% of the time so my risk/reward ratio definitely saves me! Lol. When I started this I also watched your video about the daily time frame and have been only trading the daily. Huge help! More free time, less stress! I am experimenting with the types of indicators you suggest and hope to go live in the future with an indicator based system. Thanks for you videos!

[@anabatta7019]

100% on the spot ,, was trading oil back in 2018, near the end of oct. it was going down hard (by dec. it went down almost 50%),, when it hit the 60s$ every one thought thats it , very strong support line, price action said it never went down 10 days on a row,, but it went further down, first week of nov. hit fibb 1.27 then 1.61.. by then i didnt know this channel i only saw (big banks video) and it was a god sent that I thought this guy knows what he's talking about ,, it makes sense ,, so i went short against all odds ,, had a good run , about 800 pips, which now seems crap if i used money management or scaled out would doubled or even tripled that .. so thanks VP .. never mind haters, the more people trad s/p or price actions or any "dirty dozen" the more we win

[@wiysanyuycyril3271]

You tell us what does not work, but what does?

[@Subliminal-b5s]

good indicators, thats it and most important : learn how they really works!

[@thecritic7355]

Hes been already telling us in every video what it works, dummy

[@zacharysandler4949]

Hey let’s play nice y’all. Check out nononsenseforex.com and you will find the answers you seek amigo.

[@nifeolawoyin8179]

Never clicked a video so fast

[@Lunkyful]

Support and Resistance lines works just great for me.

[@bader9205]

its about the trading plan, not the strategy itself.

[@jaywoods3625]

Bader Al what do you mean ?

[@pestd9206]

Melvin you really think you can trade based of just indicators long term? Good luck with that ..

[@Lunkyful]

@@ubatool lol

[@Crypto-Legend]

@The Sniper Trader That's not how forex works. You are going against the banks, not other people. 😂

[@pianostool44]

My first trading strategy was S&R one - either retests after breaks or trading reversals. After a while, I just felt like it was complete pot luck if things went my way or not. All the rules that i was told to follow just didn't work. Shooting stars were ignored, false breaks became breaks, Bullish engulfing candles followed by giant FU bear candles.Not also that, but how thick am i supposed to draw these S/R areas? How will that affect my stop loss distance? Do i need to use the 4hr,8hr or daily lines? Man, i spent ages drawing these frigging sh**ty lines on my chart. An indi-based system has completely changed my trading for the better. I have so much confidence in the system that i trade without any fear at all. My mentality has completely flipped from "I hope this goes my way" to "It will probably go my way, and if it doesn't, that was very unlucky"

[@NoNonsenseForex]

It's so much better, just on that fact alone.

[@meepo1862]

learn supply and demand zones or order block its a bit less subjective than traditional support and resistance

[@kiryls1207]

@@meepo1862 order blocks are subject to icebergs and spoofing. it's really sad how evident the manipulation is when you look at those things

[@imdinma9826]

@@meepo1862 still is

[@chicanicajfcp]

Money management. It's a question of statistics. Money management should be based on statistics and the statistics will differ between trades. Even though ATR has some good properties ( adapts a bit to the market) it's easy to make way better decisions than just using ATR for both SL, trailing SL and TP decisions. Best advice to anyone is to first learn programing. Then use statistics from all data on the markets you are trading. Then you will find that neither a multiple of ATR, fixed number of pips nor price action alone would give you the best SL placement ( though price action for sure would be more important than the ATR etc alone). Constant risk(percentage on account) is not the best money management system. Different trades ( with same expectation value) have different risk associated with it. Number one rule: preserve money. Number two rule: Maximize returns while not violating rule one. Each trade should be managed to it's own risk ( and that is never a fixed percentage, it's adaptable and it should include the statistics for each trade. If a trade reach is goal clearly more than 50% of the time and another type of trade just 30% of time ( but with overall higher expectancy value) the percentage risk should usually be a lot lower for the last type of trade even though the expectancy is higher).

[@jamshaidsalas8457]

But I have an question if our risk is not fix on every trade then we may lose 3 winning trade's amount on one trade. As if I put 2% risk on 3 trades and my risk to reward is 1 to 2 or 1 to 1/5and I win All 3 trades thus there will be 6 or 4/5 % increase in my capital. Then I enter in fourth trade with very high probability winning ratio and I put 5% on that trade while thinking this setup rarely lose but I lose that trade . In this case I will lose 3 trades's profit on one trade. Anyone who has been trading for a some time, know that every trade's out come is random . There is no guarantee that any specific setup is gonna win 100%. So here I disagree with you with all respect. But yes I agree with you on another point that our profit target should be different it could be 1 to 2,1 to 1/5 or even 1 to 3 or 4 in some trades. But Always risk fix ,and change your profit target according to the market.

[@margaretsandy-smith2704]

Coming from a third world country where everything is pegged to the "mighty" USD, and being fooled or robbed every step of the way, thank you so much for your candour about everything....it's like a breath of fresh air!

[@northjordan2017]

I believe that the S&R line are promoted by most of brokers to show how trading is easy and to make you " OMG I missed that apportunity".

[@stephenshw2262]

Its a scam perpetuated by so call forex trainers

[@forextraderofthecentury5773]

vp is a living legend....enuf said...i havnt lost a trade ever since i have made my own algorithm..thanx big bro vp..live long

[@hesit7591]

but even with an algorithm you will have losing trades...no system has 100% win ratio :)

[@corneltomescu8284]

Straight crystal clear talking! What more do we all want ? ? ? Best wishes V.P. Cornel!

[@rickvandermeer6091]

Hi VP, i just want to say that your content is amazing i used to dislike the testing of indicators because i didnt know how to register te data off of it en where to start. it seem overwelming to me. im glad you explain the steps you have to take so clearly (especially fore me because i got ADD) that i am loving to testing the shit out of it with your spreadsheet structure! Keep it going VP then we can GO GET IT!

[@v2vboni]

IMO... the REAL Support & Resistance... is VWAP, PVP or POC... But because of VP... I became more confident about Volume (e.g. VWAP, Volume Profile)

[@brewcitypunk]

VP, i am so glad you made "us" go out and find our particular systems and make it work. i continue to find different uses for indicators on a daily basis, making changes and nuances. every day i am finding a better means towards a financial holy grail. thank you so much man. cheers mate.

[@philcompton8259]

Thank you for talking about what NO ONE ELSE is saying! It's amazing how the 'experts' on the internet will show you how S/R always work with their proven approach and method. Really? The only person who makes money is THEM selling their b.s. product. Thanks for the honesty, your wisdom and willingness to help others. Have a great weekend my friend!

[@dantefajardo347]

When the price hits support or resistance levels and the volume is there guess who else is watching -- the BIG BANKS. So yes, you can't really neglect it.

[@louwa9867]

This morning when I opened my charts the very first thing I looked for was support and resistance lines. It's a terrible habit that is certainly gonna take some time to unlearn. But in all honesty, along with trendlines, I never felt comfortable using them. It's just too "easy" and by using them you are nothing but a sitting duck. Don't need them....Thanks VP. Still the man.

[@ElmarDempers]

Your content has definitely changed the way I look at the market and why what you teach here is the way to go forward! You're the boss VP!!

[@shibarmy9621]

being in this game for less than a year and finding you channel as kick start my life in Forex i want to say there there are hidden lines where price bounce off in intraday trading and i have tested it and watched it bounced off monitoring whole day sitting in front of charts

[@fromnothingalegend]

VP what about the fact price actually respect such levels? For e.g I trade lower time frames and yes I have SnR lines drawn from the Daily chart. I enter based on H1 and 15min charts. I have seen many times how prices on these time frames respect Daily lines. When they do break them, most time it's done with force, those train candles that pushes with force. I think the approach is what most traders get wrong. When price hit these lines, like other indis, you use descretion. Look at what happens next, is there price action showing a reversal e.g a bullish reversal where the bullish candle engulfs the previous bearish, or did price break through the level, did it settle beyond that level at the end of the time. Then make there move.

[@petereastman2663]

Thank you for reiterating that Support and Resistance are no good. VP, you are good. Thank you!

[@MOTSAR42]

Hey bro I honestly took all that crap off. You completely changed my trading, for the better of course. Thanks!

[@charlesleclerc5552]

You rock man! So glad I found your channel! Keep it up! If I see you one day, beer or whatever you drink is on me!

[@ogundekoadegbenga3766]

S/R areas or lines will always limit your profit taking and God help you when a stop hunt happens. It doesn't help in trend trading except you look for trend opportunities in the same trend such as buy when overall trend is upwards and conversely for sell. My ultimate problem with it was the time you'll have to spend visiting charts and watching...crazily annoying.

[@FabioErrante]

I always thought about S&R like self fullfilling prophecies: something happens at those levels because people want to, they focus there and they make things happen. Honestly I never understood how to trade them and I felt frustrated. Now I just avoid them, I am aware of the most obvious levels and that's it, I check another pair. Thanks VP for sharing this insights.

[@Mike-Downs]

This video should be called the Trojan Horse (I'm a nerd, sue me). Want to blow your account? Use support and resistance . They are often referred to as money maker zones for a reason, and not a money maker for retail traders. I say that because every trader I have met that uses them also uses multiple time frames. Example, someone who uses the 1 hour chart will go down 2 time frames to the 15 minute and enter a trade based off s&l along with chart patterns and or candlestick patterns forgetting that there are 4 candles that make up that 1 candle on the 1 hour chart. This is not smart, I've done it, it does not work because you not only have lines on the 1 hour, you now have lines on both M30 and M15, and your chart looks like Deadmau5 making a new track. Let's not forget about the trendlines because I guarantee you that they are there, don't lie. This, is of course, is my opinion, but I've been down that road, and it's frustrating.

[@djascsdj]

Thank you VP you really changed the way I was studying the market In my opinion this video is one of the best (big banks also is great)

[@dennisjasonbago3659]

from a day trader, to swing and now position trader. I would somewhat agree to this, S&R Lines are easy to detect and big players use these to trap a lot of retail traders. I don't use them anymore when I became a position trader. easy target and I understand where their stop losses are. I just ride where the the price is going I just use only 1 indicator and I am good to go juts ride it out

[@duonggia777]

I do not trade breakout or reversal near S&R, I always wait for the re-test (then make HH/LL) to see the bear or bull win

[@musikmakerfan]

You shouldn't trade support and resistance, they just help conceptualize the markets and your understanding of buying and selling balance to identify opportunities.

[@dustin.barrett]

I'm sure you know this VP but for anyone that doesn't, banks have software called MetaTrader Manager that allows them to see all this info that VP discussed in the video. I have seen the software and it is really quite fascinating what they can see and how they react to it in regards to retail traders

[@wehttamak]

waas unaware of this

[@ridgefernando519]

I'm sorry VP, we have to agree to disagree. I still believe that S and R are still useful

[@FawadZakai]

Hi VP. As you probably know that I’m new to forex and I’ve been trading on a demo account for two years now. The first year I was using the dirty dozen indicators. It did helped me a little but my losses were greater than my wins. And I was using an hr timeframe. But then after a year; I bumped into your videos on KZbin. And ever since then my winnings out weighed my losses on my demo account. And over the past few months I’ve gotten a system of my own with of course few indicators I really rely on. I thank you from my bottom of my heart for putting your time, your soul, and your money in creating this KZbin channel for free. 😀🥰

[@thousandlocks3258]

What do you advise? I hear you say support and resistance doesn't work. I'm trying to be a better trader. I often see video's that say nothing works but no one provides remedy. Can you help me out?

[@NoNonsenseForex]

Go to that Beginners video in the description. This channel has all the answers you're looking for, and the Beginners video is the guide.

[@pedroseverin7224]

Thank you VP for your material. Which should be our period to use in our indicators? Do you often tweak them? Like, if you are using, for example, a moving average sometimes its with period 14 and other times with period 21? What's the criteria to do those adjustments? Thank you!

[@a11acce55]

I have a 1-minute time frame scalping system that uses about 8 indicators which worksgreat. But I agree with you here from my experience trading hourly or greater time frames. I think my 1m system works because the big banks can't really manipulate money on a dime on a one-minute basis, well, maybe they can, but would it be worth it for them to get on the wild ride of 1m when they are already bilk -errr, making $$$, off what they already have in place. Again, super videos all around. :-D

[@wuyev]

This doesnt make any sense.... so no price action? Just use indicators? but almost all indicators are lagging...

[@Subliminal-b5s]

There are a lot out there, try to find some indis that fits your criteria

[@leewilson9226]

The voice on these videos sounds like a voice from an infomercial so at first kept waiting for the hook. Thought provoking ideas, like it a lot.

[@mathursuresh1505]

Learning becomes easier if we do the "Don'ts" at first place as curtailing the losses leading to winning streak. VP i love your contest and especially your voice like a RJ. I have started to tune to NNFX channel quite often as i can to make an algorithm soon. I had one earlier which never told be curtailing the losses. Thanks VP.

[@michaelcozzitortoiii5350]

Only people that trade off of support and resistance are retail traders! That’s why they want you to trade there ;)

[@rahulchahal5360]

S&R works for me on higher timeframes when they are tested from both sides and I treats them as a crayon line to watch for end of trend or as one of the factors in start of trend. Reason I follow your method is because money is in trading the trend while reversals are heartbreaking and bank account breaking.

[@jka671]

Glad to hear email is all good again VP! Although it's a PITA, it shows your dedication to your followers!

[@francoisebuchschwenter3932]

1st comment yo!😎😎 VP you da man!🤘🏼😎 My algo is starting to work out man. You’ve changed my trading from an absolute fuck up to some next level shit!🙏🏼 Thanks so much! South Africa 🇿🇦

[@gianlucatarasconi2194]

My only 2 lines are sl and tp (cos I'm a forgetuful man 😉) thank you so much for your videos. 👍

[@primoamoroso2814]

I love long videos the precious lessons are in the end. I love this small tribe of yours VP the best!

[@noblemuhimuzi1747]

VP YOU DESERVE AN OSCAR. Thank you sir

[@Erfi1604]

Absolutely GREAT!!!! The best I've ever seen about S&R.. Yes..let's take the guesswork out of our trading and get more and more confidence in what you are teaching us.

[@bloodofaneagle5003]

Is it the volume indicator that tells you where majority of the action is which is where banks look at then?

[@futboladdict5649]

"Euro dollar obliterated that resistance line disgustingly, pushed all the way up to near 1.1600" Seen this comment somewhere on youtube and I almost fell off my chair xd

[@gnu3166]

But it was clearly making higher lows on daily and 4hourly so why would you want to sell the market without seeing a break of this trend. S&R does work but people trade it wrong, you need to wait for price to show you whether it's going to reject or continue pushing up, and if it chops around without clear direction don't trade it...anyway that's my take on it

[@BullishBear420]

Hi. Great content. Could you make a video on Dealing desk and non-dealing desk brokers and how to identify them? That will be highly appreciated by all traders.

[@ervservs4693]

This is the kind of trading Im looking for, a good practice and master it.

[@chicanicajfcp]

I take the completely opposite stand. Wherever there are "hotspots" and manipulation you will have a huge advantage. It's just a question on how you play those situations. There are nowhere where you can have a higher statistical edge. Imagine what you would do if you were a big bank. How would you play those situations? From that insight you will have a huge statistical edge. How to play it? Study similar situations in the past. Big players will make footprints. They have a cost manipulating price. You don't. Your price is to sometimes you need to confirm what they do. However, at many times you can get in at same or better price. Wherever you can identify manipulation you have a huge edge. But ofcourse, the reason there is a "hotspot" is because many players play the same game. You need to play it differently.

[@NoNonsenseForex]

Your way does make some sense to me. I'd never do it myself, but I get where you're going with it.

[@theforexcodes8133]

chicanicajfcp Agreed😏

[@jpsabbey]

I admire your tenacity in the face of ignorance.

[@payanbarzingi1252]

For those people who don't trade like the VP way: give it a try, I promise you won't regret it. do it for the people you love! Much love from Germany

[@bradleyt]

Keepin’ it REAL as always!! Thanks VP!!! 🏆🏆😎🎤

[@leifechibueze2315]

I actually found an easy way to make supports and resistance lines work. And that was my breakthrough. The lines are more accurate at higher timeframes. So if u plan using it in lower timeframes, just forget it 😂. But then i think i agree with Vp. Following the lines blindly can screw u up.

[@smokinace926]

Support and resistance are terrible for entry points and terrible for stop loss points. HOWEVER, it’s not the worst idea to use them for take profit points.

[@theforexcodes8133]

Michael yep😏

[@domingocarlucci1946]

To get rid of these lines you need a psychiatrist because we have got into our brain this concept that when we look at a chart, automatically and naturally our brain the first thing it does is draw mentally supports and resistance . Thank God, since I watch your videos, I listen to your podcasts and read your blogs, I have left behind the trash backpack and I feel like I have started a new life. Every time I listen to you, I wonder who you are VP, everything you teach us is controversial, but in my case, I only wait on Mondays and Thursdays to continue growing with your lessons. Thank you and may God bless you and all your family.

[@claudettem8382]

The freaking support and resistance!!! I never understood them and I have tried tbh because my "leaders" in the company are endorsing this. Thank god I don't understand and instead will never use it xD

[@jeffhaley9494]

Thanks Coach! Solid as usual...keep us on the path! Will bring my racket if I ever get to Vegas!

[@mrcornutt]

Been looking forward to a new vid all week. Thanks VP

[@driftslidecrashmoney]

just a tease, was wanting more Fibonacci bashing!

[@yaserkh1302]

I swear to god, that the moment i tried trading without S/R lins my wining % went 180°, i felt like if these lines were a jail and always traded in thesse lines areas and missed so much opportunities..

[@kobikevin5113]

Heres the thing, indicators and support and resistance may or may not work for you. But, if youve backtested and forward tested your strategy and they work,then cancel out the noise on what people think about the strategy. Data Doesnt Lie. Just cause most traders use a particular indicator or tool doesnt mean that is the reason most of the fail.The reason most traders lose money is because of risk and money management.

[@NF12222]

Thanks VP! Obscure reference, but you are the John Danaher of Forex! Thank you for accelerating my learning curve!

[@NoNonsenseForex]

Death Squad!

[@steevesk8]

Dude, this is good content. Do you reckon you could make a video about how brokers actually work? I'm having trouble understanding how I can make money going long on GBP/USD when my account is already in GBP? I know this is a very low level for the stage you're up to right now, but I think it'll help a lot of people understand . Babypips doesn't really explain this so well.

[@nicholasanderson9019]

VP - isn't an indi based strategy whilst being mindful of line to line concepts as extra confluence best?

[@shah1776]

Have you found this to work better for you?

[@Lordie32]

I know I am late to the story but I love listening to your broadcasts. When I listen to you I cant help thinking "Jack Black" Amazing! The information is amazing too btw thanks for all the advice loving it.

[@fafalise2023]

I never understood support and resistance so this video definitely is for me xx

[@gimpTHEmaster]

My charts about to look clean with out the pickup sticks trending SR and horizontal SR...

[@abdelhalimmohamed2864]

i can't post a question on the blog! anybody have the same problem?

[@seshalex949]

Everything he said in this video, is everything that I ran into when trading s/r, and everything said made complete sense! #NoNonsense

[@primeambitions]

When VP. comes on... you listen and take notes. I'm from that 99% now in 30% (I think)... aiming for that 1%

[@Activetrade2020]

BIG BANKS got 1M more after this video

[@barbarian_motors7803]

Hey mate, what about some of us on the 30m to 1H the Overnights aren't so big with me or my money 😅

[@tauranfoster5564]

The problem I'm seeing in this videos is the time you're using, S&R should be used on the 30M or less. To me all trend lines, psychological numbers, averaging lines and so on are some form of a Support or Resistance line/box. Price is going to move up or down its just how much before the price trends. Like building the puzzle you're laying out for us to put together. It's still al gues work till that puzzle is put together.

[@gfngivinflowersnow6530]

VP I need the link to your podcast and blogs. Can't seem to find these platforms to increase my learning curve. You have my attention and all that I have been taught is what your videos are based on. I was with the majority traders losing more than I won and account wasn't growing to my liking. So I decided to go back to the blackboard. I want to become a great trend trader so I'm back in class.

[@NoNonsenseForex]

Podcast can be found on this channel under "playlists". Site is nononsenseforex.com

[@gfngivinflowersnow6530]

@@NoNonsenseForex this is a hard pill to swallow but i have to salute you on laying it down and not remaining the 99%. This may take awhile for me to get use to but I at least watch you 3times a week minimum before and after i get off of work. Not done with all the videos yet. I'm totally blown away. I'm riding with you VP. Keep'em coming. I want to be a profitable trend trader very soon.

[@Kiwichico]

Whether it's a line or an area still subjective. We all have heard of a fake breakout.