Support and Resistance: Theory and Application
4.1 (118 ratings)
Course Ratings are calculated from individual students’ ratings and a variety of other signals, like age of rating and reliability, to ensure that they reflect course quality fairly and accurately.
2,676 students enrolled

Support and Resistance: Theory and Application

Learn Three Price Action Strategies based on Support and Resistance Theory
New
4.1 (118 ratings)
Course Ratings are calculated from individual students’ ratings and a variety of other signals, like age of rating and reliability, to ensure that they reflect course quality fairly and accurately.
2,676 students enrolled
Created by Amit Ghosh
Last updated 4/2020
English
English [Auto-generated]
Current price: $13.99 Original price: $19.99 Discount: 30% off
5 hours left at this price!
30-Day Money-Back Guarantee
This course includes
  • 1.5 hours on-demand video
  • Full lifetime access
  • Access on mobile and TV
  • Certificate of Completion
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What you'll learn
  • The first steps towards price action trading.
  • How to find support and resistance properly in charts.
  • How to use one of the most powerful and simple method of trading.
  • How to find high reward trades with lower risk.
  • How to trade in rangebound market using support and resistance.
  • How to trade breakouts and breakdowns using support and resistance.
  • How to apply Re-Test theory in support and resistance.
  • How to use trend analysis to manage a trade.
  • Lots of Live/Bar Replay Examples of the concepts.
  • How to perfect the entries in various market conditions.
Requirements
  • The student should know basics of candlesticks.
  • Normal concept of trends and consolidation are needed.
  • Knowledge of Bounce Theory for Trade Management
Description

This course shows you how to apply support and resistance to the financial markets, step-by-step and in a systematic way.

We shall be discussing three sets of strategies with their defined set of rules that you can apply for you to get used to trading with support and resistance – it is great for beginners looking for some guidance when venturing into price action trading. It is very simple yet very efficient!

Technical analysts use support and resistance levels to identify price points on a chart where the probabilities favor a pause or reversal of a prevailing trend. Market psychology plays a major role as traders and investors remember the past and react to changing conditions to anticipate future market movement.

Who this course is for:
  • Intermediate Stock Market Traders
  • Price Action Traders
  • Intermediate Traders curious about price action trading
  • People curious about proper trading setups of support and resistance
Course content
Expand all 11 lectures 01:20:04
+ The Basic Theory
2 lectures 11:47

Let's test some basics

Understanding The Support and Resistance Trading Strategy
6 questions
Detailed view on Close of Candles
04:33
+ Details of Trading Setups in Support and Resistance
3 lectures 14:03
Preparing The Trade Setup
04:07
The Stop Loss and The Target Selection
04:56
Detailed Discussion The Entry Methods
05:00
Understanding The Trade Setups at Supports or Resistances
6 questions
+ Strategy 1 - Rangebound Strategy
2 lectures 12:44
Rangebound Strategy [Sell Setup]
07:58
Rangebound Strategy [Buy Setup]
04:46
+ Strategy 2 - Trading Breakout and Breakdowns
2 lectures 26:29
Breakout Strategy [Buy Setup]
15:41
Breakdown Strategy [Sell Setup]
10:48
Understanding the various Entry Methods of Support and Resistance
8 questions
+ Strategy 3 - The Re-Test Theory
2 lectures 15:01
Re-Test Strategy [Buy Setup]
08:27
Re-Test Strategy [Sell Setup]
06:34
Understanding Retest Strategy using Support and Resistance
6 questions