Golden Support and Resistance Rules; Trading Tips 📈💰✔️

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[@artursantana3242]

Loved the idea of zones . Thanks Mark

[@DigitalZoneIndia]

Great video as always. The new thing I learned in this video was, "Support in stronger in uptrend and resistance in stronger in a downtrend. I do binary options trading and many times I lost trades because I use to trade on Extreme levels. Means Even if it is a strong downtrend I use to place Buy trades, assuming that this is a strong extreme level and the trend will go up. But most of the time the trend did not go up or went up after a huge fake breakout. So now I understood that resisting a huge flow of money is not a good idea ;)

[@ux1-15]

What a coincidence. I was a trend trader and I found myself seeing more support and resistance setups than trend trades. Thank you.

[@malcolmrutsatz4148]

I appreciate your occasional deeper plunge into market psychology, Mark. That is definitely where success in trading lies. Thanks for your work.

[@MichaelJeffers75]

IMO, lines are better for charting than boxes for zones because lines best describe the outermost reaches of historical data which is better for determining entries and exits.

[@travisjohn5793]

Great content Mark.. Whats your thoughts o the works of WD Gann please?

[@axelhippo8661]

Hi Mark would you recommend using support/resistance before NFP or other economic events, should I reduce profit?

[@hypergamy5901]

I take the contrarian view of support levels. Every time the price drops and bounces up off support it sucks up buyers. Eventually there will be no more buyers left to support the price and it'll break out to the downside. The more touches of a support line the weaker it becomes, not stronger. That's how descending triangles work.

[@CliseruGabriel]

nice and clear

[@whitelantern2115]

Brill , thank you 🙏

[@Hey_Mack_jay]

i dont believe this applies to microcap stocks