Hello Traders!
This is a educational video about why Support and Resistance do not work.
I will cover how the market works and how the big players are using S&R for manipulation and in order to grow their wallet.
Hope you enjoyed this video. Tell me in the comment section down below if you are using Support Resistance and what you think about it. Are profitable...
A simple analysis of trading psychology that was recently happened on EURUSD.
1. Price broke through the upper trendline, breakout players jumping in and start buying the pairs.
2. The big players(institutional, hedge funds, etc) let the market ran for a while to wait until a lot of bulls entered the market.
3. Most of novice traders are easy to read, so the...