Trading supports and resistances is one of the easiest things someone can do. I did breakout trading from 2016 to february 2020 very very profitable and in mid march I changed to only resistance trading. So far 80% win rate but only at 15 Trades so that number probably will go down in the mid term to like 60-70%. On average I make nearly 500€ Profit on win trades and 200€ loss on lose trades so 1:2.5 Risk Reward, sometimes more sometimes less. I hope I can keep that up.

@MansaKamau

Жыл бұрын

I hope you are still doing fine

@Content_838

Жыл бұрын

Update are u doing good ?

@johnferretti3274

11 ай бұрын

@@Content_838uh oh bro, birds chirping

@XulfCoin

5 ай бұрын

Very interesting and Educational - hope U still doin well bro 👍

till here, I learned a lot. Thanks for teaching this knowledge in an amazing way. I will be back tomorrow

Forgot to mention on the first chart (4:01) that 43.38 had become a SUPPORT level and there was an opportunity to buy. Great videos. I watch them all! Have learned a lot. Keep up your awesome job.

hello david, you are doing an awesome job. learnt a lot from you. keep doing the good free work. very few people like you in the world.

So very generous with your time and knowledge. Thanks!

The only thing I would want to add to this already good video, is that its sometimes clever to think about support and resistances as not a single point but rather a somewhat tight price zone.

Very helpful for anyone going into stock. Cheers

Awesome clarity!

Exactly! Horizontal lines are the most important tool of them all. And then trend lines. I don't use any indicators at all.

@rawmarkets8019

4 жыл бұрын

Same my man, key levels are where the confluence lies

Your stuff was the best i hv gone through till now👍and this Support n Resistance is the basic theory for every trader/invester should go through please eloborate in full....

simple easy well explained Thank you David Jones

Thank you a lot, David you are amazing teacher. I just found you.

My own personal never taught me this before. Thanks to your video.

Great video! Really beneficial keep up the good work. Thanks

Awesome simple explanation of support and resistance! Making sure to use basic support and resistance over other indicators like fibonacci is important!

@eddyvideostar

5 жыл бұрын

Riley: With many support and resistance lines or zones, the fibbing Fibs may clutter and crowd the chart.

@joyjones5097

10 ай бұрын

Hi Riley, I'm your fan on youtube since early this year. I was revisiting this old video I had watched last year and it feels very pleasing to know you and I have same interests as per who we listen to in order to get better at trading. by the way, your videos are awesome. thank you for all your efforts at making us better traders

Awesome video ...keep doing the great work

Love your channel and the videos. Lots more to watch. A nice blend of technical analysis and general discussion. Drawing it out super helpful. Thank you for your time.

@jungle1776

10 ай бұрын

Did you ever think the price would hit negative 40 a barrel. Welp it happened and the markets were shown to be totally rigged.

Highly informative. Thanks a lot.

Great video and the facilitator is very handsome and oh my goodness that accent 😍🙏🏻👏🏼 I’ll be back for more learning !

David, massive thank you..great video and keep the great work the way you explain everything is so simple. I agree with 100% as well with a previous commenter this should be used as a basic beginner video, trading without a support and resistance strategy is trading suicide. thank you Il be watching the other videos

Easy to understand. Subbed.

Very informative and helpful, thanks.

I love it! Can you do a Video what you use to trade and some strategies you use the most? Thanks!

I was focusing too much on what the red and candle stick means in terms of support and resistance. I understood from this video that, it's like a marker for the daily, weekly or monthly trend of a stock or the market

David has such a great delivery! I’ve learnt such a lot from these videos. Great job!

Thanks for the video sir🙏

Thanks. Really informitive

excellent video

Wonderful

thank you for sharing, i'm also still learning in the nfc community

Nice movement and house you got there

i'm so happy this topic am a beginner tho its helping me sir

Awesome video

Appreciate the theory

Great video

Great video for a beginner, thanks 👍 What would you say would be the main/best things to learn as a new forex trader to put into practice?

00:00 Importance of support resistance in trading 01:11 Understanding support and resistance levels in the market 02:22 Focus on support and resistance levels for trading decisions. 03:29 Resistance levels are important to watch in trading 04:31 Support level proves to be a good entry point for traders 05:43 Old support levels can prove to be big levels to trade off 06:55 Market bounces back from support and breaks previous resistance 08:05 Importance of support and resistance in placing trades

Good explanations, thank you. Do you have any videos for the same for day / intraday trading n support n resistance in that time frame? Thank you.

I'm so glad I understood this... when I first started learning everything looked like NO COMPRENDE but now it's I SPEAKA DA ENGLISH lol. Thank you so much!

@Trading212

6 жыл бұрын

You're very welcome

@eddyvideostar

5 жыл бұрын

To Dreamsjv: This is good to comprehend this for education, but there is no guarantee for success. This is all a hit or a miss. Stops are the first things taught at trading schools, and rightfully so; the only things which keep this from totally gambling, is that you know what will happen: Either a gain or a stop loss.

@user-ky4hy1go7g

2 ай бұрын

I feel you on that. 😅

Thank you! Great video. What program you using to chart this stock?

im a new here.. i really need to learn.. thanks

Soo good!

Thank you. :)

so when your looking at the market do you make your support line at the lowest low and the resistance at the highest high?? a bit confused I'm a beginner trying to understand the basics of it all.

Love how you explained this concept. Thank you:-)

On the 1D chart for EUR/USD between 1.1914 and 1.1866 a RESISTANCE level had formed and there was a Sell opportunity.

we all liked what you have on your video

Most useful 9 mins ever

u have good tips

Thank you so much

just made money using MACD, the thing is support and resistance can be subjective at times and will affect your judgement, MACD however is far better indication of market movement.

Excellent

Subscribed as soon as I heard 'no indicators'.

The markets exist between support and resistance, you can’t trade without it! Like this guy said, if I had to choose one thing, it’d be S&R.

its a really a informative video

Sir, educational video on Pivot Points please & how to trade using them.

Thank you

This is really great videos. But iam confused. Im very beginner and confused which video to start watching first. Can you please put a syllabus or number the videos in order for us not to be lost in information. And thank you very much for your clear and to the points education videos.

@manaiaramanui5899

Жыл бұрын

Hey man it’s 5 years later are you still invested in trading?

thanks for the video do you have any other videos on support and resistant and how to trade it

@Trading212

5 жыл бұрын

Here are some videos you may want to watch: Technical Analysis - How to Read Charts? - kzread.info/dash/bejne/qYmAw7Cala29ocY.html How to Identify and Follow Trends - kzread.info/dash/bejne/X4SEzbaFn9mchrw.html How to Trade Breakouts - kzread.info/dash/bejne/q3uao7eikZnIj8o.html How To Trade Breakouts (For Beginners) - kzread.info/dash/bejne/l42Vx89pf7qel6g.html What are False Trend Breakouts - kzread.info/dash/bejne/dJeB2Kd-mqS4Yso.html How to Trade Reversals with Pin Bars - kzread.info/dash/bejne/qHyl1cSpm6vVZNY.html Trading Strategy with Support & Resistance: Where to Buy / Sell and Set Stops - kzread.info/dash/bejne/aICKtpKRYNWfabA.html Combining Moving Averages to Trade a Breakout Strategy - kzread.info/dash/bejne/f6qK27qGZ8fIfqQ.html

What is the program he is using?

@reddtei331

Жыл бұрын

you figure it out?

@brutalkinggaming3533

Жыл бұрын

Trading view*

Support and resistance is most powerful strategy

does anyone know what program he is using?

can u sell at resistance then add more on the support? i mean buy the other half again at support?

This video helps but I can't get my head around where you put the horizontal levels!

is this your favourite strategy ? wich one performes best ?

Hi sir I'm a beginner This video good But I don't understand perfectlee Any think you for your video

For 1 min trade do we have to specify S&R on 1 min chart ?

In the second example we can find a lot support point. What is the criteria for choosing best point

Hello sir can i ask one question what platform did you used in trading ?? That is applicable in the philippines ?

@abdullah0277

4 жыл бұрын

Of course he use platform 212 trading

Can u make more and advance video on support and resistance

Great

I am very mew to stock i keep seeimg all these graphs people are using wherr do u find them so i can put support and resistance lines ok n graph

Buying at resistance would a great price but how do you know if it won’t break resistance and be a bullish trend?

Oh I thought Trend lines and the support and resistance were the same. Thanks!

🔥🔥🔥

Here In 2022.... Thank You

I'm fairly new to this game. Can someone confirm the actual time frame you should be looking on these charts for support and resistance? a week/month etc. Thanks in advance :) and sorry if it's a stupid question.

@saucyaff

Жыл бұрын

Depends on the type of trader you are. Support and resistance is common on all time frames. The more times a zone is rejected, the stronger the support/resistance esp on larger time frames.

@ninafrancescacastillodiaz6848

Жыл бұрын

I usually select a TF to look at the trend, one to look at zones and one to look for entries. As a scalper that would be 15M For Trends, 5M for these zones and the 1M for entries. I usually map out the important zones in the 1H at the beginning of the day (Usally London High and London Low if trading NY) and the important zones on the Daily at the beginning of the week.

How to predict the support that it stop there,,?

Excellent video . What application or platform are you using for the charts pls?

@Trading212

6 жыл бұрын

The trading app is Trading 212 - www.trading212.com/en/Free-FOREX-Practice-Account-GBP.

Where are the other chapters for support and resistance???

literally the guy from ozark

@trading212 i'm new to swing trading and there is so much vocabulary to digest. From all the resources online, I keep coming across Resistance and support. Is this a great beginner's initial indicator to follow when trading before jumping into the other stuff?

@Trading212

5 жыл бұрын

Hi Sean, that is a decision every trader has to make on their own. It depends on the trading strategy, style, preferences and goals one chooses to stick with.

What website or software are you using?

@Trading212

5 жыл бұрын

Hi Armando, the trading app is Trading 212. Try it out for free with virtual money at www.trading212.com/en/Practice-for-Free-GBP.

How much importance should you give to the dips below Support.? 6:38 pause

But how can an individual use this "support and resistance" info to buy and sell stock, what does this info indicate???

@motherrussiaIlIlIlI

9 ай бұрын

Did u figure it out I’m barley starting

@NabzGamer398

9 ай бұрын

when its at support your brain: "Oh the price of gold is at a price that never went below that level, Lets buy" or when its at resistance "Oh the price is at resistance and looks like its overpriced, Lets short"

Does this work for crypto?

How important really is technical analysis? Am I right to think that no matter how much you manipulate historical data in fancy ways, it doesn't tell you anything about the future at all?

Yo, is this Simon???

Anyone suggest any detailed chart analysis?

@Trading212

4 жыл бұрын

Hey there. We do have a video on chart analysis, you can check it out here: bit.ly/2Ozj9rV

its 2020, now i have to look through to find the follow up videos on when to get it at breakouts and all, damn.

Broo looks like Michael in GTA5😮

why does the market respect these levels ?

Bond ? is that you ?

You do not know what has created the support and resistance so you can't possibly know the future levels. The charts show ongoing accumulations of unknown desissions from unknown sources. You seem a nice guy but the charts are random because what creates them are random accumulations. Regards Hayden

0:30

10 hours of examples? I'm down.

Thank you

Thank you