BLACK FRIDAY SPECIAL: Save 70% Off Nial Fuller's Pro Trading Course (Ends Nov 30th) -
Nial Fuller

Professional Trader, Author & Coach

Forex Strategies Video -Trading Support And Resistance

Video Synopsis – Forex Trading Strategies Video – trading support and resistance

In the above forex trading education video I describe how to use simple support and resistance levels. Traders often overlook the power and significance of simple support and resistance levels in the market. I show a very solid and important horizontal level that occurred on the Dow in this video that price respected quite well on numerous times.

I took a short entry prior to making this video, at the horizontal level I am discussing in the video. My risk to reward was 1 to 5, horizontal levels “define” risk for you; they essentially show you were the risk lies in the market and they give you an idea of where you can logically place your stop losses. When there are not obvious trends to trade in a market, you can use simple support and resistance levels with price action confirmation to enter the market with a high probability of success. This horizontal line forex trading strategy is a very important piece of the puzzle of how I trade the markets.

Print Friendly, PDF & Email

Nial Fuller

About Nial Fuller

is a Professional Trader, Investor & Author who is considered ‘The Authority’ on Price Action Trading. His blog is read by over 200,000+ followers and he has taught 25,000+ students since 2008. In 2016, Nial won the Million Dollar Trader Competition. Checkout Nial's Professional Trading Course here.
Nial Fuller Professional Trading Course Preferred broker 2020 v1

Leave a Comment

Your email address will not be published. Required fields are marked *

  1. lê hiệp

    thank ! :D

  2. lê hiệp

    thank ! :D:D:D

  3. admirador

    Excelente video Nial sin duda el trazado de niveles de soporte y resistencia, es fundamental en el mercado forex.

  4. Giles

    A liberating logic !

  5. dr b s prasad

    very nice simple,and very much informative.i like your style of trading at ease.