Why Support and Resistance Works: The Psychology Explained ☝

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  • เผยแพร่เมื่อ 18 ต.ค. 2024

ความคิดเห็น • 32

  • @ukspreadbetting
    @ukspreadbetting  5 ปีที่แล้ว

    👉 It seems a lot of our viewers are non-subscribers. Make sure to subscribe to our youtube channel as we upload regular videos! If you hit the “Bell” icon (🔔) you will receive a notification on youtube every time that we upload a video on our channel. Bell icon hitters are super fans of our channel 🥰

  • @kimkardashi-un9382
    @kimkardashi-un9382 5 หลายเดือนก่อน

    6 years old but still the best playlist out there.
    Nothing but appreciation and respect for you for all the content you have put ou for free

  • @MalikAli-gm4yf
    @MalikAli-gm4yf 5 ปีที่แล้ว +8

    The first time really watch a video in which really understand how S/R works

  • @v01c3
    @v01c3 3 ปีที่แล้ว +3

    Really nice and simple analogy. I could be wrong, but I would’ve put buyers on the left side of the teeter-totter for visual consistency.

  • @lxuaes6915
    @lxuaes6915 5 ปีที่แล้ว +2

    Thank you so much. You're a really good teacher.

  • @Fit_aszeus
    @Fit_aszeus 6 ปีที่แล้ว +11

    Such as great courses for free, is like free courses to make money.

  • @PiyushYadav-qq9vg
    @PiyushYadav-qq9vg 4 ปีที่แล้ว +2

    Thanks!! Michael Phelps

  • @kaloyan1983
    @kaloyan1983 4 ปีที่แล้ว

    Crystal clear explanation.Thank's .

  • @aunipjain7540
    @aunipjain7540 2 ปีที่แล้ว

    Great way to explain!

  • @myepicadventures
    @myepicadventures 7 ปีที่แล้ว +5

    How do you determine the level of support and resistance? Do you base it on the actual chart history? Or you base it on the price level where there is a bulk of seller/buyer?

    • @ukspreadbetting
      @ukspreadbetting  6 ปีที่แล้ว +4

      We will try to address this in another video in future.

    • @S4HeadShotSniper
      @S4HeadShotSniper 6 ปีที่แล้ว

      Thank you. Looking forward to the video on identifying supports & resistances. Actually found this old video pretty useful: th-cam.com/video/OYl21jK5FbQ/w-d-xo.html

  • @navketan1965
    @navketan1965 2 ปีที่แล้ว

    Sir, Trading with supply & demand method on 4 H charts, is it better that the area have additional confirmation with MTF fractals. Even if S/D area gets respected OR rejected, market can still whip saw in the area & trader can still lose. Do you recommend sticking with 4H,/Daily chart S/D levels for trend direction OR is that not necessary. Market makers in forex also play their liquidity harvesting to pick pockets around these levels. We need your wisdom.Thanks.

  • @peak_performance_mode
    @peak_performance_mode 6 ปีที่แล้ว

    Love this channel!

  • @jakubvalenta5403
    @jakubvalenta5403 7 ปีที่แล้ว +1

    Can you please tell us something about pending orders? I heard opinion that we should set pending order where we are going to set up our stop loss. It sounds logical, because often the stop loss is just touched and then it goes our direction.

  • @GF86123
    @GF86123 6 ปีที่แล้ว +2

    You explained why prices bounce from a given support or resistance but you didn’t explain the pyschology behind why the buyers or sellers want to participate at a given level in the market.

    • @ukspreadbetting
      @ukspreadbetting  6 ปีที่แล้ว +3

      Please check some of the other videos:
      Is Support and Resistance a Fallacy, Does it Really Exist? ☕
      th-cam.com/video/APLTqwe3A_M/w-d-xo.html
      Understanding the Importance of Support and Resistance 📈
      th-cam.com/video/8YHdJEZHSHk/w-d-xo.html
      Support and Resistance Trading Strategy: Trading Support and Resistance Levels 📈
      th-cam.com/video/BL--sBh6qhk/w-d-xo.html
      Why Support and Resistance Works: The Psychology Explained ☝
      th-cam.com/video/fZY7rQ4_2zM/w-d-xo.html
      Change the Way you Look at Support and Resistance!
      th-cam.com/video/ol_fwjsvchE/w-d-xo.html
      Buying at Support Trading Strategy 📈 Support Break, Unable to Hold
      th-cam.com/video/YLU8o9dpxTA/w-d-xo.html
      How to use Trend Lines and Channels to Trade! 📈
      th-cam.com/video/fDqVXtJlVEg/w-d-xo.html
      How To Draw And Use Trading Channels
      th-cam.com/video/4gf07gt7-js/w-d-xo.html&t=
      Using Multiple Time Frame Analysis to Enhance Trading Success 📈
      th-cam.com/video/rGLjp0YRdeA/w-d-xo.html
      If you still have questions after watching these videos feel free to ask here and we may do a video addressing your question directly.
      Show less

  • @amazonbhatia2301
    @amazonbhatia2301 3 ปีที่แล้ว

    Ty somuch

  • @jingadbaba4184
    @jingadbaba4184 ปีที่แล้ว

    Osm vdo

  • @BrotherTree1
    @BrotherTree1 5 ปีที่แล้ว +1

    I have a feeling support and resistance is starting to get outdated in today's current market movements which have evolved significantly over the past years.

  • @pellyisevans4831
    @pellyisevans4831 7 ปีที่แล้ว

    Very good

  • @dee23gaming
    @dee23gaming 4 หลายเดือนก่อน

    Any trading system that doesn't use support and resistance as the foundation will most likely fail.

  • @nathanjenkins9446
    @nathanjenkins9446 4 ปีที่แล้ว

    Hi Mark, do you pay any due to trader sentiment (IG INDEX reports for example) and any thoughts on taking the contrarian view ? dailyfx.com/sentiment-report

    • @ukspreadbetting
      @ukspreadbetting  4 ปีที่แล้ว

      Yes see here th-cam.com/users/ukspreadbettingsearch?query=sentiment+contrarian

  • @jabal_team
    @jabal_team 3 ปีที่แล้ว

    NNFX traders : 🤦‍♂️

  • @Ademitobiloba
    @Ademitobiloba 7 ปีที่แล้ว +1

    lol yah right, if it worked there would be more winning traders than losing traders by now, real traders trade with only candle sticks and timeframe does not matter to them.

    • @jeskg720
      @jeskg720 7 ปีที่แล้ว +1

      orderflow, orderflow, orderflow. Thats why CFD traders in stocks dont stand a chance, especially on shorter time frames. Got to see the order flow.

  • @tomrowe9844
    @tomrowe9844 6 ปีที่แล้ว +3

    Support and resistance doesnt work at all in my trading career

  • @jaspreetmodi
    @jaspreetmodi 2 ปีที่แล้ว

    oops

  • @RajKumar-ir6kk
    @RajKumar-ir6kk 3 ปีที่แล้ว

    Tamil translation me

  • @allwedoistwin
    @allwedoistwin 3 ปีที่แล้ว

    He didn't explain the psychology :(

  • @fiveshorts
    @fiveshorts 5 ปีที่แล้ว

    Good teaching, terrible video quality. Can’t see a thing.