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RE: What does Support and Resistance really tell you?

in #trading7 years ago

Im glad your getting some value from my videos.. There is no mathematical system for getting in and getting out.. you cannot predict the future, so thats why I layer in my trades.. Who knows how far it will drop.. but it will bounce back to the base that was cracked, so anywhere just under the base is a great place to take profits.. now there is a little more info that can help you predict where to enter and exit.. and thats volume and tape reading.. but ill get to that in another video..