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@reesecup91225 жыл бұрын
Great video. Perfect topic for naked traders. Your videos r always right on time. I had planned to do back testing this particular scenario of the market this weekend. Thanks again!
@christopher14233 жыл бұрын
you need to see how the price action arrived at that level, is it forming a pattern?, is it reaching there after 3 wide red bars... etc.. what stage of the market is it currently in, how much atr is it currently up or down...reversal time?? what do the moving averages look like..what are the retracement levels of the prior touches? look at the subsequent higher highs and higher lows what do you have
@allenofatlanta5 жыл бұрын
A good video. However, the overall trend " MUST " be taken into consideration on these tests of support. It has been my experience with multiple support and resistance tests that they are subject to the large institutions performing " liquidity traps!" That is, a large group of sell orders hit the market at a familiar support level, only to be run up by a series of massive buy orders. The reverse is true for resistance levels. The strength of the price movement lies with the trend on higher time frames.
@ciarancoyne9104 Жыл бұрын
Happy new year Mark. Thanks a mill for this 🙏🏻
@leeski1522 жыл бұрын
that grey sweater slaps
@Dat_Dude_Danny15 жыл бұрын
Excellent video, man! Great explanation in putting words and pictures to something I have thought of before.
@mirzad198824 жыл бұрын
let me get this straight: for the second illustration that displays a downtrend. you wait for support to be broken, come back up, retest that major support level, and put your stop low on that breakout low ?
@nabeelahmed98924 жыл бұрын
your videos are very informative and you explain so clearly even non native english people like me can understand but please add subtitles! videos like these are now being watched globally so please add subtitles
@MsEvenec3 жыл бұрын
This video has helped me to see the bigger picture of support and resistance levels.
@marijuszukas45955 жыл бұрын
Just on time,usdcad and eurusd,eurnzd played well with s/r levels these days
@niro563 жыл бұрын
Good video. Should've seen this sooner, 6:34 is gold
@izansengun3 жыл бұрын
Thanks. Exacty what I was looking for.
@Fatcatmike4 жыл бұрын
excellent! will test and report back
@Mustang-bl2vz5 жыл бұрын
Great tips 👍
@ezrhino1002 жыл бұрын
i wish there were real candle sticks to look at instead of hand drawings. it's a little misleading looking at hand drawings instead of more uniform candlesticks...
@hamedmaleki10702 жыл бұрын
perfect ..... absolutely perfet
@kannapiranr.p96075 жыл бұрын
Thanks
@gettynnamso77263 ай бұрын
Please when should I consider closing a position
@ukspreadbetting3 ай бұрын
We have produced lots of videos discussing that; check some of them here: www.youtube.com/@ukspreadbetting/search?query=when%20to%20close%20a%20trade
@NathanJulienpoet5 жыл бұрын
Thank for the word of experience
@finalsolution125 жыл бұрын
excellent video good work
@phivortex9545 жыл бұрын
That was great! The same situation just played out with Bitcoin. It broke support to the downside. Volume is great for confirmation.Further, you inspired me to join a spread bet trade room. Pumped!
@Brownismyname4 жыл бұрын
3:35 lovely
@Stevek-ce7md5 жыл бұрын
As always it could go up or down in both examples, just have to stay with the overall trend and manage risk.
@matty11945 жыл бұрын
Great content!!
@CarlosWashingtonMercado4 жыл бұрын
Good video.
@husnaine00133 жыл бұрын
Amazing
@ahappyimago5 жыл бұрын
Thank you! Can you do a video on doing support/resistance/supply/demand zones?
@ukspreadbetting5 жыл бұрын
We've done plenty of videos discussing support/resistance - use the search function on this channel - see kzbin.infosearch?query=supply+and+resistance