✊ 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)

In this case, traders would call the price level near $39 a level of resistance. As you can see from the chart below, resistance levels are also regarded as a ceiling because these price levels prevent the market from moving prices upward. Major support and resistance are price areas that have caused a trend reversal recently. If the price was trending higher and then reversed into a downtrend, where the price reversed from is a strong resistance level. Where a downtrend ends and an uptrend begins is a strong support level.

As the price of a security drops, demand for the shares increases, thus forming the support line. Meanwhile, resistance zones arise due to a sell-off when prices increase. Once an area or "zone" of support or resistance has been identified, it provides valuable potential trade entry or exit points. On the other hand, there are traders who want to get the best possible price, so they place orders at the low of Support. And if enough traders do it, the market will reverse near the lows of Support. Thus, Support and Resistance are areas on your chart, not lines.

In stock market technical analysis, support and resistance are certain predetermined levels of ... Proactive support and resistance methods are "predictive" in that they often outline areas where price has not actually been. 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. 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. 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.

The simplest way to use pivot point levels in your forex trading is to use them just like your regular support and resistance levels. Just like good ole support and resistance, price will test the levels repeatedly. The more times a currency pair touches a pivot level then reverses, the stronger the level is. A false breakout is when price temporarily moves above or below a key support or resistance level, but then later retreats back to the same side as it started. This is the worst case scenario for a breakout trader that enters in a trade as soon as price breaks.