Support and Resistance 2 – Swing Highs and Lows
In the last article I stated that support and resistance (for me) is based on previous swing highs and lows, areas of congestion, round numbers and gaps. We’ll now review these types of support and resistance, discussing how to identify them, and how they formed. In this article we’ll start with my favorite support and resistance – swing highs and lows. Why are they my favorite – in my opinion they can form some of the strongest signals.
A swing high is simply …

Support and Resistance – The Greatest Trading Tool
Despite all the hype from the internet marketers who try to sell you the latest trading ‘secrets’, the fact is there are NO secrets.
* Identify setups which provide the potential for lower risk and/or higher probability trades.
* Enter and manage those trades in a consistent and disciplined manner.
* Minimize risk.
* Manage your money.
* Manage your emotions.
* Journal your results, and review them to identify what’s working and what’s not working.
* Keep doing what is working, and
* Improve what is not working.
If you’re not trading …