Horizontal support and resistance levels in trading

Horizontal support and resistance levels in trading

Support and resistance levels is the simple and universal tool. They are applicable to any actively traded markets and timeframes, they don’t lag, have been in place for decades and don’t require adjustments to historical data.

Some traders, having tried many indicators in search of a perfect system, made their trading more understandable and effective due to the use of levels alone. And it’s no surprise since all ingenious is simple. Other traders use levels as an additional tool for market analysis. After completing this course, you’ll figure out how levels can improve your trading and recognize the important role of this tool in your trading plan.

This course reveals the issues needed to develop skills for applying support and resistance horizontal levels in practical trading – how to plot levels, what number of them is optimal, the properties of levels, examples in trading, etc.

The format of materials contains videos available online. The total length of video material is 90 minutes.

Levels will help make your trading system simpler and more efficient

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What you will learn

• You'll make trading in the market more transparent, understandable and systematic
• You'll make your trading results more predictable
• You’ll be able to choose trades with a potentially attractive risk-reward ratio and to filter out unattractive ones

Rating: 4.5

Level: All Levels

Duration: 1.5 hours

Instructor: Alexander Mikhailenko