The Forex Trader's Guide to Support and Resistance Levels
Published on 29. October 2012
Book
Paperback/Softback
156 pages
978-0-85719-216-5 (ISBN)
More details
Language
English
Place of publication
Petersfield
United Kingdom
Target group
Professional and scholarly
ISBN-13
978-0-85719-216-5 (9780857192165)
Copyright in bibliographic data and cover images is held by Nielsen Book Services Limited or by the publishers or by their respective licensors: all rights reserved.
Schweitzer Classification
Person
Christopher Weaver is a technical analyst who has spent extensive time trading and studying the trends and movements of the Foreign Exchange Market. He believes in making trading accessible to anyone willing to commit the time and effort needed to master this Market and has personally mentored hundreds of new traders. As well as having written books and trading manuals on the subject, Christopher speaks around the world about forex trading. Christopher divides his time between London, where he teaches Advanced Trading Courses for one of the largest Trader Training Centres in the world, and his home in rural Wiltshire, where he lives with his wife and their three young children.
Content
Preface Introduction Part 1: The Theory of Support and Resistance How significant is Support and Resistance to the technical trader? The technical formation of a support level The technical formation of a resistance level The formal definition of support and resistance Summary Part 2: Putting Support and Resistance into Practice What good is support and resistance if you can't identify it? Identifying support and resistance Determining the strength of the support or resistance Identifying re-established support and resistance Summary Part 3: Trading Support and Resistance What good is support and resistance if it doesn't positively affect your trading? Trading opportunities occur at the retest Support and resistance as potential target and stop loss levels Summary Summary of Support and Resistance