This video explores the psychology behind support and resistance, explaining the various trader tendencies that contribute to market behaviours that cause support and resistance levels to form.
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Nice explanation
Awesome video . Trading 212 tips helped me with my trading at the beginning 🙏
is it a must some one else to teach you forex or you can teach your self?
Is there any psychology behind trendlines and triangles, wedges in charts???
Self fulfilling prophecy I reckon
Samir Prajapati Excellent comment here. I would like to know about this too.
Excellent video, thank you
People are paying serious money for this easily explained gold nugget of data. Thank you 🙏🏽
Can you explain candle sticks?
Hello Deylan, you may want to start off by watching these tutorials:
How to Read Japanese Candlestick Charts? – https://youtu.be/OGFxp3Pixg8
Japanese Candlestick Basics – https://youtu.be/V0grIjqjE4Y
Understanding the psychology behind technicals are more important than memorizing chart patterns imo!
Great point bro! I’m starting to realize this!
the psychology is the map
Thanks Peter, as always a brilliant presentation.
EXCELLENT VIDEO! Trading 212, you’re my favorites!
Excellent topic. I’d like to hear some thoughts on the psychology of different trading patterns. I.e. cup and handle etc.
Probably the most simplest, clearest description of support and resistance and the psychology behind the trend. Great video!
Beautifully explained
Great video, but please add more than 15 drawing options so more S&R lines and MA’s can be added. 😊😊
Thanks for reaching out, Ben. We’ll take a note and see if this can eventually be possible to implement in the future. We store all suggestions and constantly use them as a source of inspiration for the future updates. Feel free to share more ideas, should you have any.
Trading 212 thank you for your reply.
A timer would be awesome, so you know when the 5 minutes/30mins or which ever time frame you are using is near completion.
I use my phone at the moment on the alarm but everything goes wrong when my phone rings…
Many thanks Ben
Thank you, Ben. Much appreciated. 🙂
Very clearly explained. Great Job. Beginner here, trying to learn, and this was a great, understandable presentation. Thanks!
Hello trading 212, Do you guys accept clients from Africa like from Somalia or your service is only limited to clients that are based in Europe?
Thanks
Hey Abdullaziz, yes – currently we do accept Somali residents as real money traders. Basically, the country of residence eligibility requirement for using the real money service is imposed by the relevant financial regulator. While we do accept residents of many countries all over the world, it is always better to reply based on the circumstances of the person who is asking.
Your presentation skills are fantastic even though the information is generic (no offense – great info for newbs) you pull me in. Your video editing is great for a trader.
Observe, learn, deduce, conclude, do
Very well brought out. Thanks from Bangalore
What program is this where I can read the charts like that?
Fascinating stuff. Thanks a lot! ✌
LOL it has nothing to do with psychology. It’s a major scam by the big boys to say those containment lines are the result of psychology. The pros don’t make their decisions the way the little people do. They do not rely on emotion which is the equivalency of “psychology”. They might as well just say to you they make their decisions based on emotions. But.. you wouldn’t really believe that would you? No. They flatter you by calling it “psychology”.
Some fundamentals dictate the resistance levels and some fundamentals dictate the support levels. The “price” is everything contained in between. The price and the price range are synonymous. The current cost is just the current best estimate of what the price or value is.
When containment lines are converging there is a direct conflict scheduled between the opposing camps of fundamentals. When the containment lines are diverging there is also a disagreement which must be resolved but the point in time for that resolution is not defined since there is no intersection. When the containment lines are parallel there is agreement between the two camps of fundamentals as to the direction of the value.
“Momentum” is another falsehood ployed among the unwashed. There is no such thing as “momentum” in the stock market nor is there “momentum” in a sports contest. It is fiction.
Divorce yourself from all notions of emotion and perhaps you will be able to profit in the stock market. perhaps not. As long as you are convinced emotions rule the market you will remain fundamentally bamboozled and unprofitable.
..
Hi, great videos, very informative.
I’m interested in trading on your CFD platform, I understand the priciple of leverage, however, a practical example of someone placing a trade to buy and one to sell, setting SL TP etc. Would be great.
Thanks
I haven’t even watched the video yet, but this is the exact thing I was looking for, so thank you in advance. 🙂 I am going to guess that there is wisdom to be had in knowing why it happens, which with some experience could clear some fog and make some set-ups visible. (although: when coding up some chart stuff, I generated a fake market with just random up/down bumps and swear I could see support and resistance there too… lol. However; I think that experience will help me learn to ‘see’ ‘real’ support and resistance and be able to act on it… blah blah blah, anyway, thanks for the video 🙂
I love this channel.
Youre beautiful
what is the best indicator or oscillator that i can combine with support & resistance to help me make a better decision
I am from India and this channel is easily hands down the best stock markets channels out here on YouTube. Great stuff at 0 fees.
As always great video
Awesome video.
Thank You
Great video very well explained Glad Im a user of trading 212 I put 300 euro into my account and am getting a great education so far it has cost me 100 but I see that as money well spent. And being on the wrong side of golds worse day in 7 years was most of that. Great app ur bring finance to the masses.
Well explained
thank you very much for this perspective
eye os lol
Perfect 😍
This channel teaches understanding instead of post-market interpretation based on inductive reasoning. Very cool.
I am interested trading and markets and I have future plans for understand business Stock exchange and I believe my indira is interested Stock and trading markets.