The Problems with Support and Resistance (and the solutions to them)

Now there's a lot more that goes behind any single trade but we're going to purely touch base on the topic of support and resistance. And to be more specific, all the things that are wrong with it.

Most traders are only looking at support & resistance to get a quick idea of which area they can trade from. In other words, they are looking at support and resistance and let it have a huge impact on their trading decisions.
However, without the right context support and resistance is not any different from any kind of other tool (for instance indicators).

Navin explains how identify strong Support and Resistance, and more importantly, how to use price action to trade around this areas.
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Видео The Problems with Support and Resistance (and the solutions to them) канала Urban Forex