Support And Resistance Trading Strategy | $MANU News

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My trading strategy surrounds solely around using support and resistance technical analysis and the idea of previous resistance becoming new support. I have been using this strategy for over 4 years and have thousands of setups that fit this backtested so I know it works and is profitable for me. I'll explain exactly how I use support and resistance to find when a stock is bullish or bearish, and how I identify exactly when to enter and exit a stock for a profit.

On $MANU I applied this strategy and traded options instead of stock, but it's the same exact trading system overall. $PRCH was a lower price small cap trade but I utilized the same support and resistance trading strategy on it to make a nice gain.

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The information contained on this YouTube Channel and the resources available for download/viewing through this YouTube Channel are for educational and informational purposes only.

Remember, day trading is risky and most traders lose money. You should never trade with money you can’t afford to lose. Prove profitability in a simulator before trading with real money.

My results are not typical. We do not track the typical results of past or current customers. As a provider of trading tools and educational courses, we do not have access to the personal trading accounts or brokerage statements of our customers. As a result, we have no reason to believe our customers perform better or worse than traders as a whole.

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Видео Support And Resistance Trading Strategy | $MANU News канала Tony Ivanov