strategy of support and resistance
Db Orc:
welcome Please, is there a professor who can provide books or links on the strategy of support and resistance in all its aspects, theoretically or practically? With many thanks and appreciation.
Dr. Google Phd
I'm not a professor :)
support and resistance are very easy to apply.
we only buy at support with SL below it and sell at resistance with SL above it. for TP we can place it in the middle between support and resistance. (50%)
Yusuf Lukmanto #:
I'm not a professor :)
support and resistance are very easy to apply.
we only buy at support with SL below it and sell at resistance with SL above it. for TP we can place it in the middle between support and resistance. (50%)
There are many types of Support and Resistance
1. Pivot Points
2. Supply and Demand
3. Custom Calculation based
4. Muti Timeframe based (M1 Support validated by M15 actions)
5. Trend Based
6. PD Array Based (Previous Day High Low)
7. Fractal + Price action based : A Fractal SnR being verified by Support turned into Resistance or Resistance turned into Support
8. Envelope Based
You may google for more details
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welcome Please, is there a professor who can provide books or links on the strategy of support and resistance in all its aspects, theoretically or practically? With many thanks and appreciation.