Tradeofgrey

NASDAQ- Why Support and Resistance is so important

OANDA:NAS100USD   US Nas 100
It is extremely important to get your support and resistance correct with nasdaq because they will guide you. Nasdaq heavily relies on S/R. Look at this example from yesterday how amazing this respected the S/R line. I have seen many of your charts and some for people have 100s of lines which has made trading extremely hard for yourself. How to draw support and resistance is one of the first things everyone should learn. I know its hard as the content online don't give great real life examples and no-one explains well.

If you want to learn more. Let me know.
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