Why your support and resistance lines and trendlines aren’t working and how to fix them
Learn how to draw support and resistance lines and trendlines that are actually profitable for your day trading. In this video, I share 2 tips that will help you identify the most important levels on your chart, and how to use them to make winning trades.
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00:00 Introduction
00:37 Tip #1 Identify current price structure
02:49 How I profited from S&P500 short using the first tip
05:20 Tip #2 Look for reaction
07:13 Ending remarks
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Investment products including CFDs, Spot Forex, DLCs, Warrants, Futures and Stocks are subject to significant investment risks, including the possible loss of the principal amount invested
Where past performance is referred to, it is not indicative of future performance. Examples quoted in this presentation and videos are for illustration purposes only and does not represent any investment views or strategies.
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