Support and Resistance Trading Strategy: (The Most Crucial Missing Piece)

Today, I’m going to demonstrate another often misunderstood topic in trading and share the most juicy secrets with you that’ll rock your trading world. The real purpose that normally is not covered, is to actually know if the market is going to turn or keep going the same direction. Buckle up, because I’m about to spill the beans on support and resistance like you’ve never seen before. Forget everything you thought you knew, because I’m here to show you the missing pieces.

Before you start throwing money at fancy indicators, software, or trading strategies that are supposed to tell you when to enter or exit, take a moment now to become part of an exclusive group that understands the real reasons behind market turns and trends. You’re going to be one of those traders who actually gets it — the market’s hidden truths, laid bare for you to see!

Now, support and resistance, my friend, are gold mines of information in the trading world. They can tell you to some extent when to buy, when to sell, or get out of a trade. But here’s the kicker — most of what’s out there about support and resistance is just scratching the surface. It’s like trading blindfolded, relying on something that’s barely relevant. Imagine flipping a coin and praying for profits — not the best strategy, right?

Too many traders fall into the trap of believing that the market is just bouncing back and forth between support and resistance. That’s not what financial markets do and you can see this for yourself the first day that you look at charts. Sure, those levels make sense, and it seems logical that the market would dance between them to some extent. But look again and notice what really happens! Financial markets are wild creatures, or more accurately, organic growing plants morphing along the way into new species, and they don’t play by such simplistic rules. The whole concept of what is normally considered a “trading strategy” is a complete failure to address the real reasons for entering and exiting. You should not enter a trade because an indicator crossed or bounced off of support or resistance. You only need to take one look at the charts to see that it’s a roller coaster ride out there and that hidden within the seeming chaos is a type of order with endless repeating patterns!

Still, some traders cling to this support and resistance idea, thinking it gives them some edge, a glimmer of predictability. They hope that by guessing what the market will do based on those levels, they’ll have a better shot at success. Well, you know what? Maybe it does work to some extent. It could give you a slight edge, bumping your probability to a little over 50%. Not too shabby, right?

But wait, there’s more! By honing your skills and understanding the intricacies of support and resistance along with the arcane art and science of pattern recognition, you can crank up your odds to a sweet 60% or even 80%. That’s the magic number, my friend. When the market forms turning points that are often NOT BASED ON SUPPORT OR RESITANCE, and you spot the real signs of a turnaround or continuation, that’s your golden ticket to increased probability!

So, are you ready to take your trading game to the next level? Watch the video, and I guarantee you’ll be blown away by the professional, top-secret strategies I’m revealing — all for free! Show some love by clapping and following, and let’s dive into the fascinating world of support and resistance together!

Hold on to your hats because we’re about to take your trading game to the next level! Sure, using support and resistance can give you a slight edge, nudging your probability to around 50-60%, but who wants to settle for that when we can soar to 70% or more? Buckle up, because I’m about to introduce you to the magic of pattern recognition!

Now, forget the old notion of blindly relying on support and resistance like a coin flip. We’re diving deep into the world of pattern recognition — a scientifically provable method that’s going to blow your mind! Picture this: patterns that have been known and cataloged for decades, although the data is limited, some would say even for centuries. Our trading forefathers stumbled upon these gems, and now it’s time for us to pay homage to their discoveries.

The challenge is that educated and intelligent people who are presented with these ideas could take a look and fail to see the complete vision at first glance or even after some study and practice. And then they out of the need to protect their ego, the dismiss it all throwing away what could have been their most valuable discovery.

Here’s the kicker — you won’t just be taking someone’s word for it; you’ll discover these patterns through your own experiences in the financial markets. No more relying on random strategies or random crossing of indicators — this is about understanding what’s genuinely true about the market. It’s like uncovering a secret code that the market keeps repeating, and you’re now one of the few in the know!

But, hey, let’s get real for a moment. Many traders out there have been stuck in the support and resistance bubble, falling into the trap of price action trading and its limitations. They focus on those horizontal price areas that have acted as support or resistance in the past, hoping for the same in the future. While that might work to some extent, it’s time to break free from these limiting beliefs.

Some traders think, “I can’t know what the market will do,” or “I’m not authorized to see these market turns.” It’s like they’ve got invisible chains holding them back. Core beliefs like “I’m not good enough” or “I’m not worthy” can subtly sabotage your trades, just like Mark Douglas wrote in his book, “Trading in the Zone.” We’re here to break free of those chains and unleash your true trading potential!

So, let’s embrace the power of pattern recognition together. Watch as your probability skyrockets to 70% or more, and you confidently shout, “It’s happening again!” as you spot those familiar patterns on the charts. Say goodbye to flipping coins and hello to being in sync with the market’s rhythm. Ready to take the plunge? Keep following, and you’ll soon become one of those rare professionals who truly understand the market’s secrets!

Alright, fellow traders! Let’s talk about why some traders just can’t seem to embrace the power of pattern recognition, even when the evidence is right in front of them. It’s like they’ve got blinders on, refusing to see the truth. But fear not, I’m here to open your eyes to the wonders of pattern-based trading!

Picture this: you’ve got these traders who’ve been shown how the market behaves, how trends and corrections work, and how patterns emerge day in and day out. But for some reason, they can’t wrap their heads around it. They’re stuck in this mindset of “I’m not authorized to know this” or “I can’t see this for myself.” It’s like they want to be robots, following someone else’s strategy mechanically, but let’s face it, human traders can be far superior to robots, and I can prove it!

Now, let’s take a step back and look at the market from a different perspective. Sure, focusing on support and resistance might give you a little bump in probability, but that’s not where the real magic lies. When you understand pattern recognition, it’s like seeing the market’s secret language unfold right before your eyes!

You’ve always wanted to know how some rare professionals are able to trade so well. It’s not from just focusing only on support and resistance. You may be able to increase your account if you’re really good and you have some great discipline and risk management. But if you want something a little bit more than that you need to see some things that are true.

Pattern recognition is something that can be scientifically proven to be true. How it works is you prove it to yourself by seeing it repeatedly and recognizing it based on your own experience. Because of that, from your own experience you can know the approximate probability that a pattern is about to repeat, repeating one of its known and cataloged patterns. There’s this pattern, this pattern, this pattern and they’ve all been known and cataloged, some of them for a long time. You can see a picture of it. You can find them in a textbook. You can find them on websites that know about patterns that have been proven and for those who study the market every day for years there will certainly be new discoveries about patterns and behavior that are improved and refined.

Trends and corrections, my friends, are the key players here. When the market is in a trend, it’ll plow right through support and resistance like a hot knife through butter. You can’t expect a trend to stop midway just because it hit some old support or resistance level — that’s just not how it rolls! If you keep thinking that way, you’re missing out on something big!

Corrections, on the other hand, are a whole different ball game and can be instantly recognized by the distinct difference of shape and wave structure. During corrections, the market also couldn’t care less about support or resistance; it goes past them like they don’t exist. Then, it turns at a place that has nothing to do with those old levels. This is the trend, and this is the correction — a dance that happens over and over again.

So, why do some traders get lost in the Fibonacci maze, thinking it’s the ultimate solution? Let me tell you a secret: Fibonacci is intriguing, but it’s not the Holy Grail. Sometimes the market turns at Fibonacci levels, and sometimes it doesn’t. There’s something far more important at play here — pattern recognition!

The market speaks to us through its shapes and patterns. It’s like learning the alphabet — once you recognize the letters, you can start reading words and sentences. In the market’s language, a classic trend might be one letter out of 25 or 26. But it’s a crucial one! Once you spot that trend shape, you’ll start seeing it everywhere, like a kid recognizing the letter “A.”

Now, here’s the kicker — support and resistance can’t hold a candle to the power of pattern recognition. When the market breaks through resistance and the “price action trader” believes a long entry formed, a pattern recognition trader, might instantly see the breaking of resistance completed an end of trend and then turns. You’ll see that classic 5 wave trend followed by the ABC shape as they emerge time and time again. It’s like a signature move of the market, and you’d be crazy not to notice it!

So, my fellow traders, put away those blinders and open your eyes to the language of the market. Embrace pattern recognition, and you’ll be on a whole new level of understanding. No more chasing support and resistance like a lost puppy; you’ll be reading the market’s mind like a pro! Stick around, and feel free to see it first hand in daily live trading sessions where we do it together refining the skill through practice. We’ll dive even deeper into this exciting world of patterns and profits by seeing it every day forming live!

At the time this article is being written this turning point was identified weeks in advance and time for the most recent Non Farm Payroll while we now watch to see further confirmation over the next 3 months.

Alright, traders! We’ve covered some serious ground today, diving into the world of support and resistance and uncovering the magic of pattern recognition. But hey, this is just the beginning — there’s so much more to explore!

If you found value in what we’ve discussed, hold onto your hats because there’s a whole lot more to learn. I’m eager to show you the ropes, guide you through real charts, and demonstrate how to apply all these concepts in real-time trading. It’s like having a front-row seat to the market’s secret show!

Ready to take your trading skills to the next level? Head over to our website and check out the free professional trading course we’ve prepared just for you. It’s chock-full of over 40 training videos that are sent out for free. Yes, you heard that right — it’s all on the house!

While the live trading sessions are not part of the free package, the training is a fantastic starting point for your journey into the captivating world of pattern-based trading. So, if you’re serious about elevating your trading game and making those profits rain, hop on board the free training and let’s embark on this adventure together!

Remember, it’s not just about knowing support and resistance — it’s about reading the language of the market through its shapes and patterns. So, head on over to our website and let’s kickstart your trading success! See you there! 🚀

Watch the full video here: