✊ Support and Resistance: support and resistance trading, trading with s...

  





BO (Binary Option) Turbo Trader (#BOTT)
https://www.youtube.com/channel/UCCCv...

Forex (FX) Turbo Trader (FOTT)
https://www.youtube.com/channel/UCmk8...

DO (Digital Options) Turbo Trader (DOTT)
https://www.youtube.com/channel/UCI0K...

BO Turbo Trader Price Action Guide for Binary Options Trader PDF
https://goo.gl/VmcKjJ

👉 SMASH THE LIKE BUTTON 👈
👉 HIT THE SUBSCRIBE BUTTON 👈
👉 LEAVE A COMMENT 👈

Facebook-Group: https://www.facebook.com/groups/31949...
Twitter:
https://twitter.com/boturbotrader

Binary Option Win Rate and Net Profit Calculator + Simulator
https://goo.gl/NeUyCp

Money Management Masaniello Program + Excel File
https://goo.gl/9pNRhs

Start Mining Cryptocurrency
http://goo.gl/1mJLbU

Risk Warning: Your invested capital may be at risk.
This video is not an investment advice.

Indicators:
EMA 3 (blue)
EMA 20 (yellow)
EMA 50 (orange)
EMA 100 (red)
EMA 200 (purple)

Bollinger Band Period 20 Deviation 2 (green)
Bollinger Band Period 20 Deviation 1 (white)


Defining Support and Resistance. Support is a price level where a downtrend can be expected to pause due to a concentration of demand. Once an area or "zone" of support or resistance has been identified, it provides valuable potential trade entry or exit points. Support and resistance. In stock market technical analysis, support and resistance is a concept that the movement of the price of a security will tend to stop and reverse at certain predetermined price levels. These levels are denoted by multiple touches of price without a breakthrough of the level.

Resistance (resistance level) is a price point on a bar chart for a security in which upward price movement is impeded by an overwhelming level of supply for the security that accumulates at a particular price level. Resistance levels are characteristically found at the upper levels of range bound markets. The concept of support and resistance forms the basis of Forex technical analysis. Forex traders look to buy at or near areas of significant levels of potential support in an uptrend. Forex traders look to sell at or near areas of significant levels of potential resistance in a downtrend.

A pivot point is a technical analysis indicator used to determine the overall trend of the market during different time frames. The pivot point itself is simply the average of the high, low and closing prices from the previous trading day. The chart below shows an example of a trend line in a downtrend and an uptrend. When drawing trend lines in a downtrend, you draw them above the price. When you draw trend lines in an uptrend, you draw them below the price. It is the highs on a downtrend and the lows on an uptrend that will determine a trend line.

A breakout is a stock price moving outside a defined support or resistance level with increased volume. A breakout trader enters a long position after the stock price breaks above resistance or enters a short position after the stock breaks below support. A resistance level is the opposite of a support level, but is still a category of price levels. As opposed to the support level, resistance level is the price level at which the upward price experiences a stall or is impeded. Resistance levels occur from an overabundant level of supply of a particular stock.

A simple moving average (SMA) is the simplest type of moving average in forex analysis. Basically, a simple moving average is calculated by adding up the last “X” period's closing prices and then dividing that number by X. Over the past few years a new type of trading method has become widely popular with forex traders. Supply and demand trading is a trading method where the idea is to find points in the market where the price has made a strong advance or decline and mark these areas as supply and demand zones using rectangles.