Howdy Folks!
I’ve dusted off my microphone and decided it was time to start the weekly video update again! Today’s video discusses the one, lonely trade I took this week along with some more thoughts on identifying supply and demand level trading opportunities. Post your comments on what you think, I’m looking to make this video stuff as useful as possible for you!
I hope you have a great weekend!
Ryan
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Hi Ryan;
Thanks for doing the video, every little bits helps.
Can you add some examples of where support and resistance didn’t hold, and why you think that happened? Sometimes the fundamentals provide a catalyst to shoot through the S/R levels??
I see lots of others posting on what works and I usually look at their example and see other levels that didn’t work and there is no comment on that. For example, Sam Siedens newsletter always talks about XLT support resistance levels (XLT is the name of his course) and of course always shows the trades that work.
Hi Brian,
Sure no problem, I’ll do another video with some broken trades for you.
Folks if you read through my blog history you’ll see plenty of my trades that didn’t work. I’m not here to show you only the pretty ones. Trading is a rough business and I lose just as much as the next guy. It’s all about managing risk in the end.
Thanks for the comments, it is great to be blogging regularly again!
Ryan