This Support and Resistance Trading Strategies course is intended to show how simple concepts of support and resistance can potentially generate successful trades. You probably already know about support and resistance as it is a fairly common idea in Forex trading. In this course you will gain a unique insight into how to use support and resistance in a creative way to potentially improve your trading. Along with these several basic concepts and theories, you will also be introduced to some of our proprietary trading strategies.
These 14 Professional Trading Strategies are brought to you by an experienced trader who has spent his last 30 years teaching other traders of varying degrees of experience to become consistently profitable and to manage trades like a seasoned professional trader. The goal is to develop them into successful traders with their own style of trading. Using a beautiful set of charts, you will learn, besides the Basics of Technical Analysis and how to apply these basics to Make Money Trading Stocks, how to master the concept of using Structures in the market, the importance of the Energy Points, the power of Simple Box Formations and how to use these concepts successfully in your trading. At the end, you will be able to read the markets as a Pro using extremely simple lines, a solid money management, a good Risk Reward Ratio and knowing when and where to take your profits.
This simple Daily Open Price strategy and the corresponding MT4 indicator can be combined with any other strategy or technical analysis regardless of which trading system you are using. If you stick to the rules detailed below, you can easily increase the efficiency of your trading including in the Forex market. You can download the Daily Open Price Indicator for free, install it on your Metatrader 4 and start practicing in your demo account to improve your trading skills and profits.