Not exact matches
We use the ANTSSYS
trade and analysis
method to identify the opportunities as the breakout rally develops above the
resistance level.
This is a «rally and retreat» market and we
trade it using the ANTSYSS
trade method to capture the reversals near each of the support and
resistance levels.
There are many
trading methods that are used for stocks hitting
resistance and making double tops, triple tops (or bottoms) that can be used to
trade breakouts.
Combining candlestick patterns with a moving average is a reliable
trading method that uses moving average as support /
resistance.
SR CounterTrend Crude Oil is a counter trend support and
resistance trading system that uses traditional support and
resistance methods combined with proprietary
methods for determining the trend.
B) Support and
Resistance Levels — With this
method, I am usually looking for a pull - back towards the previous support level (in an uptrend) to initiate my
trades.
Sure, this may work at times but this kind of
trading method assumes that a support or
resistance level will hold without price actually getting there yet.
I Have used it, but what has proven more profitable for me and I talk in my professional
trading course is a combination of pure price action, support /
resistance and a special
method to increase returns while minimising the risk to lose.
To
trade this
method you first calculate the pivot point (I'll explain this later), and its support and
resistance levels.
Marking out support and
resistance zones with anchor bars is a superb
trading method.