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Trade Forex Successfully with
Support and Resistance Strategies


Improve Your Forex Success with Valuable Techniques.

Trade Forex Successfully with Support and Resistance Strategies

- About the Course
  Developer

- A message from TCFX

Forex Basics

Support and Resistance Theory

- The Pizza Incident

- Support and Resistance
  - Video

- The Depth of Support and
  Resistance

- Nothing is Guaranteed in
  the Forex Market

- What is the Point Then?

- Applying Support and
  Resistance

- Applying the Rules:
  Rules 1-3

- Applying the Rules:
  Rules 4-6

Forex Basics

Head & Shoulders Trade

- Head & Shoulders Trade
  [Continued]

- Entering the Head &
  Shoulders Trade

- Exiting the Head &
  Shoulders Trade

- Example of the Head &
  Shoulders Trade

- Head & Shoulders Trade
  - Video

Forex Basics

The Firsty Trade

- Firsty Trade - Video

- The Setup

- Wait for it...

- The Entry Point

- Recap of the Firsty Trade

- Recap of the Firsty Trade
  [Continued]

- Exiting the Firsty Trade

Forex Basics

Conclusion

The Depth and Breadth of Support and Resistance

Support and resistance zones are visible in many different markets and time frames, and do not just relate to one particular chart or pair. Below is an example of the EUR/USD on a 4 hour chart:

Disclaimer: Past performance is not indicative of future results

The 1.5820 zone is a clear area of resistance for the pair.  You can mark three specific times that the pair attempted to break through this level only to fail. Since this is such a strong resistance line, you can also expect it to provide strong support if the pair eventually breaks through. Below you can see this is the case as the pair finds support from the level that was previously a resistance area.

Chart - WPeters.bmp
Disclaimer: Past performance is not indicative of future results

Another important idea about support and resistance zones is that they create imprints, or memories, on currency pairs.  A strong support and resistance line is something that will stay with a pair for a long time and chances are the next time the pair approaches it, whether it be in a week or a year, the pair will pause before deciding which way to move.

Support & Resistance Education   Support & Resistance Education
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