The Authority’ on Price Action Trading. In 2016, Nial won the Million Dollar Trader Competition. Todays Video Talks about how to 15 min price action forex Support and Resistance on Your Forex Charts. Every Sunday, traders should draw support and resistance levels and plan the trading week ahead, it’s something I have done for years, and it works!
This video will explain how to draw the levels correctly on the EURUSD currency pair. This video discusses how to draw support and resistance levels on your charts in order to plan for the upcoming trading week. Every Sunday afternoon I take the time to go through the charts and plot my key support and resistance levels, look for any relevant price action, turning points or swing points. The best thing you can do is plot your levels out on the daily chart before the week begins and every day after the markets close in New York.
I marked 6 key levels or swing points on the chart in this video, however that’s not enough, we also need to draw in horizontal lines to connect these key market swing points. Thank you nial i will practice so much. Hi Nial, though am new in the world of forex, your tutorials have so far encouraged me to venture further into trading safely. I will be taking keen interests in the market change and master one price action strategy and apply it. Just a newbie, planning to start trading in the New Year. Think your method of Price Action makes good sense to me. I have been looking at Forex methods for about six months now.
So I am going to read everything on your site first before I start. Also could you tell me what platform you are using. Nial you are really the best guy dude. Don’t Pivot lines serve the same purpose as these Support and Resistance lines? This is the best thing video ever thanks a lot.
I was using so many indicators before this. Now i know that just by depending on price action we can make some good profit. This will surely improve my trading experience. I hope you continue sends an article or a video about forex actions setup so i can increase my understanding of it. I hope you continue sends an article or a video about setup actions for further price increase my understanding of it. Thanks for that vidio, I sometimes get myself tied up knowing where to draw these lines ie at the body, at the end of the wick etc. Probibly get to exact at times.
This type of video helps a lot. I start my trading plan doing exactly the same. I look forward to your updated course materials. Thanks for all the guidance, Nail.
I am looking forward to the new pages and videos n nial! Your email address will not be published. Notify me of follow-up comments by email. Notify me of new posts by email. Nial Fuller’s Price Action Forex Trading Course.