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Why Round Numbers Make Great Support And Resistance Levels

Most people understand support and resistance levels as lines marking points where price has previously reversed. This traditional definition is widely recognized, but there’s another type of level at play that’s often overlooked: big round numbers. In this post, I’ll explain why big round numbers act as effective support and resistance levels and how you

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Never Miss Another Trade With Support And Resistance Zones

Gets old, doesn’t it? You set a resistance level, eagerly awaiting the price to return for a hopeful entry into a significant reversal. Yet, just as the price nears the level, it reverses and veers away, leaving you with no entry signal for the reversal. Bummer. If you’re a support and resistance trader, you’re likely

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This Type Of Engulfing Pattern Works Better Than All Others

It’s tempting to believe all engulfing patterns are identical—that the only variation lies in their appearance and location. But that’s not the case… There’s a particular type of engulfing pattern that exhibits a significantly higher success rate than its standard counterparts. Today, I’m going to unveil how to spot this unique pattern. So, let’s get

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Get Into Monster Reversals Using This Secret Fib Retracement

I’ve always been a firm believer that the ticket to successful trading lies in having one main trading strategy with several high-probability setups to look for alongside. These setups may not flash signs as often, but they’ve got a knack for being big winners. Finding a main strategy? Piece of cake! But uncovering those elusive,

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The #1 Mistake Most Traders Don’t Know They’re Making (And How To Fix It)

Holding losers open… taking profits too early… moving a stop up too soon… There’s A LOT of mistakes you can (and will) make trading trading forex. But whilst we’ve all heard and been told about the mistakes above thousands of times before, there’s others that are also very damaging, and that only a few people

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