5. Day Trading Lesson 5: Support and Resistance

[missrosetejano]

can i use the same rules, if im going to do fundamental trading? because i am thinking about buying some stocks. i want to make sure i buy them at a good price (well at least not when its really high) please reply :)

[onkar2510]

okadvisors.blogspot. try this for real results!!!!!!!!!!!!

[Sanderson4030]

I'm not quite sure that I understand, the lines that you can draw won't be lines if you change the scale from logarithmic to linear. The greater the slope of a resistance line drawn while using a log scale the more curved it should appear when using a linear one

[sevaguru]

do u have any module to suit Indian Stock market is yes please send details. regards

[BodyBuildingGo]

Excellent video, and very nice tips! I have been living a very happy life doing forex trading, I learnt most of the stuff from ForexWi.com, but still your videos give good reminders too. Keep up the good work.

[missrosetejano]

thanks for the valuable information

[KungFuChess]

Dave's had a few falls

[knuwan68]

Asian sugar babies # lushfmlk.info#

[xJoshuax2010]

Go here if you wanna try the robot system I use. It's the Forex Bulletproof Bot. Name Is Joshua. Any questions just ask. Thanks. Go Here...tinyurl . com /268k7we

[LitheInvestments]

Multiple points of resistance add a lot of power to the trade. It's great to set a stop loss 30 pips or so below major support / above major resistance.

[lvngdead]

support and resistance = trader's best friend?

[cedriclovesaaron]

THanks!

[FreeFOREXautoROBOT]

Great job,thanks.Free Forex EA - works perfectly fine for me..

[bh11black]

Great info. Very well explained. Makes it much clearer.  Have tried reading books re technical analysis and it either bores me to death or just becomes too much information. Thanks guys!!!!

[nirvanaa1986]

awesome.crisp and clear

[yvan2505]

thx man. You have that unique way of explaining things and each time I understand instantly.

[valeagrl1]

thanks for making it so clear and simple!

[affectedstudent]

thx

[darthstarwarsgeek]

Hi Dave, I've recently purchased Technical Trading Tactics by Person, Market Wizards by Schwager, and a couple of Gann books. Are there any other good titles you can suggest for a newbie?

There seems to be so much to learn, it's hard to know where to start, incidentally Investopedia I'm finding is another great net based resource.

[darthstarwarsgeek]

I have an investment in RBS on the LSE and am kind of identifying trends and profit opportunities. I'm getting ticker data from my PDA whilst doing my day job, and am getting really frustrated as I'm missing opportunities to make serious money, as I can't watch the figures all day. I am lacking the knowledge and confidence to quit the job and take the plunge, although slowly I'm moving towards making that goal happen. Net based courses like yours are a real help, so thanks so much for uploading.

[Raffnibaff]

I enjoy this video =) it makes me really horny!! T

[InformedTrades]

Hi Hurtubey, Thanks for the comment I am glad you like the videos. I think most traders would agree that the patterns I am outlining are relevant on anytime frame.

Best Regards, Dave

[waterpig916]

This is an great demonstration, will inform my collegues of your website.

[InformedTrades]

Hi Waterpig916, Glad you like them and thanks for helping me spread the word! Best Regards, Dave

[jamrocx]

this sounds just like overbought and oversold to me..

[iecoclarin]

Hi, sorry to bother you with something out of the blue, but I am trying to record myself videos from my PC navigation, with my voice on them, and publish them afterwards at YouTube. I have a software called Jing but it works with SWF files and YouTube doesn't accept them, do you know how can I record a FLV file from my computer navigation? Thank you so much for any help you can give me with this

[jaguar265]

I am new at trading. Is there a lesson on how to draw trend lines?

[InformedTrades]

Hi Jaguar 265, Glad to have you. What I would recommend if you are new to trading is going to the InformedTrades site and clicking on the "free trading course link" there you will find a free video trading basics course that has all my youtube videos organized by title. The lessons on trends are in the first module. Let me know if you have trouble finding them. Best Regards, Dave

[jaguar265]

Thank you Dave for your response. I will check it out.

[meta2040]

thanks again

[coltrain210]

Thanks.

[InformedTrades]

my pleasure thank you for the comment. Best Regards, Dave

[STEELLOVER2]

informative...great vids

[InformedTrades]

thanks again! Dave