Support And Resistance Trading

Support And Resistance Trading Visit MarketGeeks.com

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Best Way For Beginners To Start Read Featured Article About Market Cycles

Match Your Strategy To Correct Cycle Learn Simple Support And Resistance Tactics

Find Trend And Wait For End

Monitor Strong Volatile Markets That Are Trending

Example Of Two Cycles

Notice The Transition From Trending Cycle To Range Bound Cycle

Take Trades In Direction Of Slope

Each Cycle Usually Slopes In Opposite Direction

Take Only Long Trades If Slope Is Up

You Will Increase Your Profit To Risk Ratio By Trading With The Trend

Always Start With Trending Market

Be Patient And Wait For The Next Cycle To Begin

First Isolate The Cycle

Once You Isolate The Cycle You Can Isolate The Slope Direction

Only Take Short Entries In Down Slope

Pick Stocks And Markets That Are Volatile And Have Wide Trading Range

Things To Keep In Mind Trade In Direction Of Slope Let The Channel Develop First Match The Cycle To Your Strategy Pick Volatile Markets With Wide Range

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