Support and Resistance Explained

In this video, we build on our introductory Charting for Beginners topic by introducing the concept of support and resistance, which is a cornerstone of technical analysis. We explore examples of this phenomenon with the use of real price charts, noting some of the benefits and difficulties when looking for support and resistance levels.
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[@alexajohn9061]

The reason for having a trading strategy, is to remove the possibility of you making emotional or irrational decisions, Decision is rather made based on predefined Parameters that are developed with clear thinking. Another is to make it possible and beneficial from repetition, without this kinda strategy you probably won't know what happened or why. And even if you did might be hard to repeat.

[@ianwoodward7732]

As a new trader on trading 212 i really like and appreciate these short but very informative videos. Nuggets of information that is help me a lot. Please keep up this excellent work.

[@epifanio48]

Thank you. Great teacher. Clarified the concept

[@m8esr8es]

Thanks Peter, like the way you simplify support and resistance, I learn something new every time you publish a video, appreciate your efforts!

[@emmanuelmushi3072]

Very nice explanation. Thank you very much 🙏

[@Trading212]

We're glad you liked the video 🙏

[@dannyayling204]

Great video, some odd comments here, however I much appreciate all the 212 instructional videos as they are helping forge my forex journey. Many thanks.

[@andrewagathangelou8470]

Thanks, yoi explained this in a way that's understood easy, I'll be on the search to see more

[@charliejose7134]

Thank you again. I learned a lot.

[@cazkeymekam6427]

Where I get lost with support and resistance is time frames. For example in running a demo account now mainly on 15m candles for day long or few hour trades. How far back should I be going to find valuable support and resistance levels ? The last month the last week? The last year? I've done all three on one chart and it tends to get sloppy and confusing.

[@jessyjames682]

amazing teacher .very simple i love it

[@innocentrecordz]

Unsure why there are 2 thumbs down on this video 🤔! Great content love this channel

[@enigmaviki]

Love your channel. Awesome content. Cheers from India !!!

[@nukaprix]

Cheers thanks

[@felixkwarteng6790]

Wonderful piece. However, how does knowing the support and resistance helps in the trading?

[@rajivmehta4535]

Thanks Peter. This has been helpful.

[@fadinassar6793]

thanks

[@thanigai4]

Which time chart (candlestick) is used to find support and resistance for intra-day trading ? Kindly give a solution for that ASAP.

[@Kahani-Suno923]

Thank you Sir 🙂

[@myfrenchytrader]

Hi awesome videos as allways :) I wanted to ask you which type of Support and Resistance are the most powerfull for you, the daily, Weekly or Monthly?

[@dhunputhmanas]

Thank you Mr Peter, nice video as usual!

[@irphanburondkar4199]

Absolutely fantastic ❤ my dear...(india)

[@009fear]

Good video thanks !

[@PepeTheFren]

Heikin Ashi, instead of candles, i like that, shows a much cleaner image of the chart. 😋

[@efei3317]

Pretty good channel. I am learning a lot. This was well explained. Do you use a daily chart or weekly?

[@cosmiq_s.a]

great content

[@arslankhankhokhar]

Great 😊

[@manlikezakaado6135]

Thanks u peter

[@bishal911]

can you please make a video about VWAP as I heard from people that it act as support and resistance and do you reckon we can only by using VWAP. Thanks a lot

[@izuchukwuonuigbo7540]

How can I get the order of videos I need to watch Like what video do I watch after this

[@navtresolutions640]

How do I know the market has met resistance or support at that particular area?

[@mohdazlan2839]

Good time frame TA ..1 day is good?

[@giovannigiorgio6026]

Do technical analysis works on those stocks in which people do not trade much??? Please reply....

[@kwazitu7728]

best

[@deepakgurjar4669]

Why does buyers came in action at support level..?

[@user-cu7pj9oy7g]

Thanks, sometimes it`s good to comeback in origins

[@sumitshrivastava4494]

need in detail...i didn't really understand anything

[@andresfelipevillegasrodrig4575]

No hay contenido en español ? 😟

[@natashaevanoff7111]

OMG!!! Why your charts are soooooo...Dark? We just cannot see anything.

[@ruega101]

Linda

[@fintogive8704]

u kinda look like Johnny Depp

[@ruega101]

Linda

[@ray-ac0041]

Technical analysis doesn’t work anymore only fundamental works

[@CEOofSleep]

Why

[@armaniivy6885]

Can't stop analysing his face

[@MoritaJunichiro]

President Trump's order? Can't trade freely🤮

[@isaacgitonga7734]

not helpful