Support and resistance live trading webinar
No two technical traders are the same. To identify trading opportunities they may look at a variety of tools and indicators. Some study price action or candlesticks, others plot indicators on the chart or use oscillators. Despite their different approaches there’s one thing they all agree on, and that is the need to correctly identify horizontal support and resistance levels.
In the coaching below, professional trader Andrew Jeken will take you through the theory of horizontal support and resistance, how they are described in textbooks and shows you how he applies them to trade price bounces and retests. Watch the recording and learn how to spot supply and demand areas on the chart and how to draw horizontal levels correctly.
By mastering his technique you will obtain a very powerful trading tool that you can apply on any market and any time frame.