Saturday, July 22, 2017

Past Support Turns Resistance Trading Techniques


In this post, I am going to share with you a useful trading techniques that you can add into your current strategy.

You must have heard of people talking about swing high and swing low as important level of support and resistance.

What I am sharing with you here is something that I often use in trading and therefore will be very useful for your trading as well.

Whenever you see the price breaking through a strong level of support, you need to know that that level of support has now turn into a new resistance level.

However you need to make sure that the price comes back to retest the new resistance level before you enter a trade to profit from the repulsion.

I have recorded a live video to show you guys how to use this technique

 

I hope that this video has helped you better understand the concept of this techniques and you can test this technique out on your demo account first before you incorporate it into your current strategy.

For those of you who do not have a reliable strategy on hand, you can take a look at my Fx Street Uni course via the link below

Click Here For More Info

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