Podcast:

Play

 

In this video I talk through the price levels you should avoid trading into and doing this will dramatically increase the likelihood of your trades working. 

 

In this video:
00:57  The importance of not trading into round numbers
02:20  How to increase the likelihood of your trades from working
03:15  Seeing some strength in the GBP and the JPY
04:36  4 webinar times to choose from each week

In this video I’m going to talk about what price levels you should avoid trading into.

So let’s get into it.

Hi this is Andrew Mitchem here, the Forex Trading Coach, welcome along. Today is Friday, the 9th of August and that’s right I’m going to be talking about what price levels you should actually avoid trading into. I’m going to be talking about support and resistance levels but so many people talk about support and resistance and really when it comes to looking at that on a live chart what on earth do people mean. You know, there are so many different variables by what you could mean by the word support and resistance so I like to make things an absolute. I do look at support and resistance levels. I look at pivot points. I look at candles swing