STRONG AND WEAK SUPPORT/RESISTANCE LEVELS 🙄

  Рет қаралды 19,394

UKspreadbetting

UKspreadbetting

Күн бұрын

Пікірлер: 33
@ukspreadbetting
@ukspreadbetting Жыл бұрын
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@reesecup9122
@reesecup9122 5 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!
@christopher1423
@christopher1423 3 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
@allenofatlanta
@allenofatlanta 5 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
@ciarancoyne9104 Жыл бұрын
Happy new year Mark. Thanks a mill for this 🙏🏻
@leeski152
@leeski152 2 жыл бұрын
that grey sweater slaps
@Dat_Dude_Danny1
@Dat_Dude_Danny1 5 жыл бұрын
Excellent video, man! Great explanation in putting words and pictures to something I have thought of before.
@mirzad19882
@mirzad19882 4 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 ?
@nabeelahmed9892
@nabeelahmed9892 4 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
@MsEvenec
@MsEvenec 3 жыл бұрын
This video has helped me to see the bigger picture of support and resistance levels.
@marijuszukas4595
@marijuszukas4595 5 жыл бұрын
Just on time,usdcad and eurusd,eurnzd played well with s/r levels these days
@niro56
@niro56 3 жыл бұрын
Good video. Should've seen this sooner, 6:34 is gold
@izansengun
@izansengun 3 жыл бұрын
Thanks. Exacty what I was looking for.
@Fatcatmike
@Fatcatmike 4 жыл бұрын
excellent! will test and report back
@Mustang-bl2vz
@Mustang-bl2vz 5 жыл бұрын
Great tips 👍
@ezrhino100
@ezrhino100 2 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...
@hamedmaleki1070
@hamedmaleki1070 2 жыл бұрын
perfect ..... absolutely perfet
@kannapiranr.p9607
@kannapiranr.p9607 5 жыл бұрын
Thanks
@gettynnamso7726
@gettynnamso7726 3 ай бұрын
Please when should I consider closing a position
@ukspreadbetting
@ukspreadbetting 3 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
@NathanJulienpoet
@NathanJulienpoet 5 жыл бұрын
Thank for the word of experience
@finalsolution12
@finalsolution12 5 жыл бұрын
excellent video good work
@phivortex954
@phivortex954 5 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!
@Brownismyname
@Brownismyname 4 жыл бұрын
3:35 lovely
@Stevek-ce7md
@Stevek-ce7md 5 жыл бұрын
As always it could go up or down in both examples, just have to stay with the overall trend and manage risk.
@matty1194
@matty1194 5 жыл бұрын
Great content!!
@CarlosWashingtonMercado
@CarlosWashingtonMercado 4 жыл бұрын
Good video.
@husnaine0013
@husnaine0013 3 жыл бұрын
Amazing
@ahappyimago
@ahappyimago 5 жыл бұрын
Thank you! Can you do a video on doing support/resistance/supply/demand zones?
@ukspreadbetting
@ukspreadbetting 5 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
@ahappyimago
@ahappyimago 5 жыл бұрын
@@ukspreadbetting Thank you!
@Hempcretinglifestyle
@Hempcretinglifestyle 5 жыл бұрын
Might have to watch twice, lol
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