The MOST EFFECTIVE Support & Resistance SCALPING – SWING Trading Strategy (Forex, Stocks, Crypto)

The Most Effective Support and Resistance Trading Strategy, that lets you profit from losing traders. The concepts of trading level support and resistance are undoubtedly two of the most highly discussed attributes of technical analysis. They are used in designing a trading strategy as guidelines for price targets, entry points, exits, and stops.

so… today, you’ll learn everything you want to know about support and resistance, that lets you profit from losing traders.

 

• Download “ForexWOT-AutoSnR” (Zip/RAR File).
• Copy mq4 and ex4 files to your Metatrader Directory …/experts/indicators/
• Copy the “ForexWOT-AutoSnR.tpl” file (template) to your Metatrader Directory …/templates /
• Start or restart your Metatrader Client.
• Select Chart and Timeframe where you want to test your forex system.
• Right-click on your trading chart and hover on “Template”.
• Move right to select “ForexWOT-AutoSnR” trading system and strategy.
• You will see the “AUTO SnR Trading System” is available on your Chart.

 

Stop Loss Strategy

• If you are going long, the stop loss is placed just below the bottom of the consolidation from which you are entering long from.

 

Stop Loss Strategy

• If you are going short, the stop loss is placed just above the top of the consolidation from which you are entering the short from.

 

Support and Resistance trading strategy to profit from breakout traders. Here’s what you need to do:

• 1st. Mark your areas of Support & Resistance.
• 2nd. Wait for a directional move into Support & Resistance.
• 3rd. Wait for price rejection at Support & Resistance.
• 4th. Enter on the next candle with stop loss beyond the swing high or low.
• 5th. Take profits at the swing high or low.