Trading Strategy with Support & Resistance: Where to Buy / Sell and Set Stops

[@europeanbourgeois8223]

Trading 212 is awesome.

[@maxgalson7362]

the best!

[@michael_pintard185]

David this is good but question ... it's not always smart to sell at the resistance line because it MITE breakout ... So you need to give them under what conditions will it breakout or not .. We don't want them to always sell at the resistance line if there are clues it will breakout. Clues such as 1. If it's holding support & low float .. 95% it will breakout when it reach the resistance line. They will need to BUY not sell.

[@jervingalang7060]

@@michael_pintard185 what does it mean when it is holding support and what is low float? TIA. new to this and just started learning.

[@handleNumber21233]

Yes it sometimes good but I still like it

[@imet2009]

Moral of the story, 1: analyse your resistance and support lines, 2: await for confirmation, 3: put stop/loss's in place just in case your readings aren't as predicted. ---- > outcome if your prediction goes well, well done. If you lose cop it on the chin and move forward.

[@johngalt4446]

As a newer day trader, I must say, yours are the only videos I can watch all the way through. Your lessons are clear, concise, and very helpful. Thanks.

[@igmpvgoa1837]

I am very new to investing in stocks. This is by far my favorite KZbin for trading. I have learned so much since I started watching. Thank you!

[@Stormfox93]

These videos are very helpful, thnx for taking the time to make them.

[@khizarbhatti9247]

david jones the real mvp

[@kabandajamir9844]

The world's best KZbin channel on forex trading

[@saajidakram6356]

Your courses are the best on the you tube, I really enjoy learning from you ... Thanks a lot ...

[@johnnikitin7569]

Trading 212 Is The Most Helpful Channel For Forex Trading!

[@samialsati8054]

I love how he's support/resistance not over exaggerated very simply based on price candels trending.

[@khorshidtabande9083]

thank you for teaching basics i was going to be frustrated but now im feeling better and im getting better results watching your videos.

[@CheapestBitcoinPrice]

After the first confirmation, I look at a chart with a small time frame and if I see a higher low, buy in with a stop loss under the level. Ideally only risking around 5% with my stop loss.If I focus on one market all week, I tend to get it very often. RSI helps.

[@keatonmorgan295]

It's a good strategy, best to trade safe with a proper risk management.

[@lakusa1705]

yeah, that's wat i was looking for. My fav support and resistance level...awesome chap...

[@rachealjones6039]

Good video, I have been trading the forex for the past 2yrs I can tell you it's a fierce one.

[@platinumjohncrow719]

Was hardly paying attention but I ended up understanding and it answers many of the questions I had. You are great

[@rockemmanuel4700]

Being aggressive to trade is being aggressive to lose. Patience is the key here.

[@portoerasmusrooms]

Thanks David Jones. Your videos are really really good, and without the hype.

[@leorojas1990]

In my opinion this is a very good lesson but I would complement it saying that in my experience it works if the resistance/support level is being tested for the second time maybe the third (depending on the volume), if you see that a resistance/support has been tested multiple times then a breakthrough is inminent.

[@vijayadhia7442]

excellent video thank you for taking your valuable time to explain to beginners

[@ΣπυρίδωνΚασσαρης]

Great help for someone who is just starting

[@needlesstubetv282]

I am actually learning so much with these videos and downloaded right away the platform. Thanks!

[@play4keeps268]

this guys voice puts me to sleep, maybe i should listen to this when i cant fall asleep at night.

[@mesharath]

Good explanation

[@chukwuadinula3681]

Trading

[@ronniecammarata2228]

You got a good channel. Fast and informative.

[@fistonndongalo139]

Thanks for the awesome tutorial David

[@attilasimo1376]

So if you are an new trader well you have to wait for the another one or two candles to see if is a strong confirmation ! Maybe you fail to open or close actions in the right time but you are safe like this.

[@genebenny7514]

Thanks for talking English that every one can understand

[@PraveenKumar-hf9io]

Sir I request you to make a video on indicator BULLS POWER and BEARS POWER ...... and also HOW TO USE THEM COMBINEDLY

[@nathimnguni4786]

trading 212 is the best

[@MD-nt9nv]

In a sideways trend, when watching for breakouts or confirmation of the continuance of the trend; what are some technical oscillators you might recommend to aid in predicting likely future price movement? Your videos are very informative, clear, and a great source of advice. Thank you!

[@dark_dirttv7474]

I’m 4 days in using ‘real money’ I’m not going crazy with the deposit just pocket change. Weather it’s pure luck or this actually works I’m in profit by 7% 👍🏻 my aim is to build an account slowly so I have some funds to play with 😱

[@nhlanhla_.nkambule]

This is very helpful. Especially around where one can look at putting stop losses. I'm just a bit unclear on where I can put a take-profit

[@LordDarthTrader]

at 9:32 you shouldn't be a buyer due to the fact that when a support or resistance line (in this case a support line) is tested persistently, the more likely that level is to break.

[@unuefeejovwoke6609]

Thanks for this

[@MFXCenter786]

Excellent content on support and resistance for everyone.

[@davidhammar6570]

Hey! Love the videos and how you break them down into their simplest form. I was wondering if you can do volume indicator next?

[@Trading212]

Hi David, your suggestion is noted and appreciated. Thanks for posting it.

[@YousafKhan-cp2cu]

Hi I’m new to trading can you give us a video showing how to use your app as it’s a little difficult thank you

[@quinnbasta3319]

Thanks guys, great video.

[@diananadunga2329]

Awesome tutorial i got alot.

[@artbuddy1957]

Nice work guys, Thanks..

[@elisabethvallieres8106]

Love your way of putting it all together

[@amuservlog4561]

I need this knowledge before I will enter this gamble.

[@Prabhu_Anandan]

anyhow it's more usefull for me for finding the trading resistence and the support ..tq

[@jasonherrewyn6820]

Thank you David! Your videos are very educational!

[@vuphan5685]

Hello. When i analyzed the price at daily time frame, after closing price it appeared long bearish candlestick, the price closed near lower band of Bollinger band, however i moved on to hourly chart, i saw the price at lower band of Bollinger band and the RSI was oversold. What should i do at this situation? the price is going to be down trend. For me i sell at daily time frame, is that right?

[@mimihenry2333]

When you refer to getting confirmation, what does that involve?

[@njokugodgift7105]

it involves having a positive candle shown up which implies the likelihood of reversal

[@msreebrowncinderella2191]

Meaning if the market was bearish and the price action tested the resistance line like it did 3 times, we would wait for a positive candle stick or bullish candle as confirmation before we effect the buy?

[@tommyrocketrevington]

Hi David, your videos are great! Concise and to the point. What is your strategy regarding timeframes. How long do you hold a position and how you utilise the different time frames. Do you stick to the bigger picture of days and hold a position for a week or so or do you hold a position for hours. Best

[@davidjones2452]

Hi, good question. A lot of the stuff I do at the moment is swing trading US shares. So, i only ever look at the daily charts and hold stuff for weeks and months if the trend is going in my favour.

[@gabrieleboschetto923]

nice... also a cool cypher pattern at 5 min

[@nayemislam9545]

hi david it is a nice video,for 15 min expiration trading in binary option,which minute candlestick and which hour chart should I follow for trading based on support and resistance? tnx

[@edwarddaoud2293]

Could you clarify what do you mean by CONFIRMATION? What do you expect to get back and what is your course of action whether you get confirmation or net

[@we_deserve_challenges2705]

Really good video guyz! It is the second one what im watching from your channel ... and it is really full with good quality informations !

[@Kozzzmozzz7]

09:46 would it be something to assume the price was gonna drop down as the Head & Shoulders pattern was visible before it?

[@richardsamanthawhitehead8494]

Clear and informative. Thanks

[@bothann]

Thanks for the videos, David. A general starter question: how many pairs would you recommend watching for someone starting out in forex?

[@davidjones2452]

Good question. I think it can be tempting to try and trade everything but i think there is plenty going on in e.g. the four major pairs every week to keep someone busy. And taking that down even further, you could argue with just focusing on one and becoming an expert in it.

[@bjovers1]

Great videos! 😃

[@danielshaw4940]

Hi, do you place a resistance line when the market has an overall positive trend? and vice versa with support lines too?

[@warriorworld1502]

Good info and gorgeous style to define your knowledge i like it i see some more channels on youtube but i cant find good teacher for teach us but i see some videos of your channel i like your teaching style man i really appreciate your teaching style

[@barrymohammed5692]

Is the 50 EMA an effective indicator for support and resistance? If price is below the 50 EMA and breaks it with a bullish candle, should we go long?

[@grantjb1910]

David is there a video on "Stop losses" and how to use the Trading212 app with regard to factors such as "Confirmation"

[@abuguhillary5285]

Please what settings did you use on that trading view website I mean how you change the color and the rest chart settings

[@rh5060]

Very enlightening thank you sir!

[@MichaelBolin6001]

Thank you. Common sense nice overview of perspectives

[@fishlivesmatter]

I have a question. For example i bought 1 dollar for 100yen, can i wait til the yen went up for me to sell to gain profit regardless how long i wait?

[@realpope8186]

There is swap cost or carry over cost...You don't even know when the price will come back

[@kovenwollrab4110]

Hey, love the videos. Great presentation/teaching style. Esp. including cases with the theory. Question- how are your strategies for trading FOREX/CFDs/cryptos different from each other and can these same strategies be applied to stocks? And also, do you do any kind of “day trading” or short term trading of junk bonds?

[@davidjones2452]

Hi, all pretty much the same - trend, support and resistance, stop losses.And yes, just as true with stocks. I know nothing about junk bonds!

[@ethelbertt]

Good video

[@celestineemili6313]

This video is so helpful

[@deanlinley7041]

Very Good video. Thanks

[@kayz1553]

If you're a long term investor and want to put in a buy order, and you have drawn your support level but the resistance is more of a zone rather than one level, where do you put in the buy order? At the top of the resistance zone or bottom?

[@stefan-stocksmadesimple5241]

Hello David, thank you for the videos. I have a quick question, do you always include the wigs of the candles when you draw your support/resistance lines, or you sometimes let the lines cross them ? Thank you.

[@davidjones2452]

Hi Stefan - yes I always include the extreme point of the candlestick as that is the true support or resistance.

[@nathizzthebillionairecowar5102]

hi David please help me i would like to trade can u tell me a good broker to help me start

[@mkz1354]

Thank You for sharing these info! May I know what software are u using?

[@BrianDriesenga]

Very nice explanation, thanks!

[@olidobolli]

title of the video says "where to ... and set stops?". there is no explanation on where to set the stop. the moment you say "obvious set for stop loss" at around 3:35, many people confused.

[@Christianhour]

this is really good

[@jimmyau67]

What are you using to view the candlesticks?

[@Trading212]

This is the Trading 212 platform, you can check it out with a free demo account -> www.trading212.com/en/Free-FOREX-Practice-Account

[@darrellw22]

Great info 👍

[@sachcha88]

Thanks for the explanation.

[@hush2071]

What u do if the markets o and down and u have ricks already but I want to make the small margins when it drops and goes back up it’s been doing this for a whole week

[@alexanders1330]

sooooo buy when its near the support line, and sell when it is nearing the resistance line? I'm just getting into trading, and I'm watching a lot of videos

[@arekparsons882]

I'm pretty new to this too, but that's the same message I'm getting. Edit: Just also realize it might not get close to the Support or Resistance line, so plan accordingly. (Thats where the stops come in?)

[@DaltonAlfortishComedy]

What trading platform do you recommend for Mac users?

[@Trading212]

Hey Dalton, you can try Trading 212 - www.trading212.com/en/Free-FOREX-Practice-Account-GBP.

[@R_Kh_]

Thanks for study video of trading!

[@Prabhu_Anandan]

at this video @ 8.20 to 8.40 minutes in the graph there is an hammer pattern with the bearish . can it will be also the chace for falling of 150 points ..... MR.david plese say this for the considaration

[@carman9107]

Hi David I think these videos are a very good insight to trading Could you cover the subject of stop hunters weather you think this happens or not Thanks very much for your time and keep up the fantastic work Cheers Don

[@jus1empressify]

Thanks for sharing. I'm new to this so it all seems confusing. When do we buy and when do we sell?

[@Trading212]

Hi there, you may want to take a look at the website's educational hub - www.trading212.com/en/Get-to-know-FOREX-trading. Feel free to contact the customer care team, should you have any questions whatsoever - www.trading212.com/en/Contact?startchat.

[@CryptoGuru369]

Love these tutorials. Really appreciate all the examples. Showing me all the examples helps me learn so much!

[@mageswaranpachamuthu571]

Good Job! What is the time frame?

[@Trading212]

Hello Mageswaran, different time frames on the chart are used in this video. As per the current interface, you may find the icon that indicates the selected time frame in the web app's toolbar at the chart's top left corner. It's the third icon from left to right, between the "Zoom In" and "Chart Type" icons.

[@mphotsakata7715]

Thank you for these lessons, you just clarified a lot of things I didn't understand. And again which software are you using there?

[@Trading212]

Trading 212 - www.trading212.com/en/Open-Practice-Account-GBP. Start for free with virtual money.

[@Ryan-tu3oh]

I have trouble deciding what time interval to use when determining support/resistance. The daily interval may show support at one price while the 30 minute shows at a different price. I am always contemplating which should i follow if I plan to swing trade a stock in a couple days to a week?

[@davidjones2452]

Hi, if I were you, for the time frame you are trading, I would be focusing on the daily support and resistance. If you are holding for up to a week I am not saying the shorter-term levels are irrelevant but the dailies are the much more important ones.

[@BerendesSP]

Very well done vidio's. What platform are you using?

[@Trading212]

Hello Steven, the video shows Trading 212's web trading app. Check it out for free at www.trading212.com/en/Free-FOREX-Practice-Account-GBP. Free native mobile apps for iOS and Android also at your disposal.

[@mahmooda559]

Thank u V much Can u plz make a video of how practicaly on the platform we can conbaine Fundanemtale and tecnical analisys?

[@gunjikamisra5589]

Awesome!!!

[@lilwicked172]

Would it be a good strat. To use fibonacci for the trend line you made for sellin short

[@devanglin]

Thanks for the great info

[@sridurgamobiles2615]

Thank for u information

[@uwesusaidi9370]

thankefully for your presentantation so nice keep it up to support all not yet to understanda about how to trade on forex

[@edofarido3175]

what kind of software is this? doesnt look like mt4. does it runs on macbook pro new version catalina as well?

[@AceHardy]

🙏

[@abdellahelattar9498]

Good explaining

[@asifhuseynov3244]

could you pls prepare video about gaps what is gap? types of them and etc

[@dannymexia5961]

What do you mean by waiting for confirmation

[@kevinmillican147]

so when u buy a share at a price u but at if it drops below the price u baught at does that mean u have lost your share ....... can u just wait for it to pick back up .....im a bit confused lol