This is a educational video about why Support and Resistance do not work. I will cover how the market works and how the big players are using S&R for manipulation and in order to grow their wallet.
Hope you enjoyed this video. Tell me in the comment section down below if you are using Support Resistance and what you think about it. Are profitable with this strategy or do you combine it?
support and Resistance do work. I feel every trading method work based on your objectives and your discipline. I've studied BTMM, ICT, S&R and now started studying SnD and all are prone to losses. controlling your money management and having strong discipline keep you in the game.
Also, i don't draw my support and resistance levels the conventional way like everyone and i don't blindly take SR trades. The biggest hint i can give without giving my method away in public is to find the most boring candles above or below support/Resistance zones and track those candles. The pricing Algo will return for those candles.
DariusFxTrading
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@clrowe721 great bro. Thanks for this comment. Like I said Support and Resistance works but you need to have an different point of view like Price Action Confirmation or other sort of confirmation. Simply trading only Support Resistance without looking at other variables will not work.
bipinrajp99
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hello sir,
i am following your anyalisis for last month. specialy EURUSD. can you tell me? how many long will go this pair? and when will be returen?
DariusFxTrading
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@bipinrajp99 thanks for following. I see the market returning. We are currently at a daily Supply Zone. But we need still to wait for Price Action Confirmation in oder to sell
AderombiSheriffAdeyemi
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but you know, it’s not just a S&R that will take that support breakout. Even a S&D trader might take it because before that breakout, if you look left, there was a demand zone and you didn’t address that from a S&D point of view. So please I’m asking, knowing that there was a demand zone to the left just before that breakout, why would be a S&D trader’s reason to not take their demand zone break?? you only spoke on it based on the S&R trader point of view.
Deevog
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In my opinion Ideal pair is AUDNZD , You can do better trade if do without USD
Also, i don't draw my support and resistance levels the conventional way like everyone and i don't blindly take SR trades. The biggest hint i can give without giving my method away in public is to find the most boring candles above or below support/Resistance zones and track those candles. The pricing Algo will return for those candles.