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RE: What does Support and Resistance really tell you?

in #trading7 years ago (edited)

This approach instantly caught my attention. Probably, the most deterministic solution on the market! One question: do you place your sell orders on specific levels before the bounce happens or you place them in real time? Sometimes price doesn't reach the base level.

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I place my buy orders in advance of the move im thinking will happen, then as soon as I won some coins I set a sell .. because you sometimes get a quick pop and your paid..

Exactly the answer I was looking for. Would be awesome if you could even do a quick video on this. Thanks dude!

I take you to mean seeing Luc in the actual action of placing trades and following the same trade through his process all the way to a sell. Keeping concentration while trying capture video is a bit of a juggle I would think. I might attempt that myself. That said, Luc has so many post-game recaps of how he trades that you'll see how his thinking pans out in those quick pop situations.