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Learn to Trade in 5 Days Weak Areas of Support and Resistance: Why They Fail and How to Find Strong Zones Weak areas of support and resistance, with fewer than 3 clear rejections, are unreliable for trading, but adjusting them slightly can reveal strong zones with multiple taps for high-probability setups. After seven years of trading and millions in profits, I’ve used Price Action Trading to generate $1,000–$11,500 weekly in the $6.3 trillion Forex market with my set-and-forget strategy. In this guide, I’ll explain why weak areas fail, how to find strong areas of interest, and share a real trade example to show the difference. Get my 5-Day Trading Mini-Course 1. What Are Weak Areas of Support and Resistance? Weak areas of support and resistance are zones with fewer than 3 clear rejections (taps), lacking the historical respect needed for reliable price reactions. Key Characteristics: Support: A zone where price bounces upward but has only 1–2 unclear ...

Learn to Trade in 5 Days Types of Areas of Interest: Master Support and Resistance in Forex Areas of interest—psychological, strong, weak, and break-and-retest—are critical zones where price reacts, offering high-probability trade setups. After seven years of trading and millions in profits, I’ve used these Price Action Trading zones to generate $1,000–$1,500 weekly in the $6.3 trillion Forex market. In this guide, I’ll explain the types of areas of interest, how to identify them, and share a real trade example to show their power. Get my 5-Day Trading Mini-Course 1. What Are Areas of Interest? Areas of interest are price zones where buyers or sellers dominate, causing reactions like reversals or continuations, encompassing support, resistance, psychological levels, and break-and-retest patterns. Key Types: Psychological Areas: Round numbers (e.g., 1.7000, 1.7500) where price often reacts due to trader psychology. Strong Areas: Support/resistance wit...

Learn to Trade in 5 Days What is Support and Resistance? Your Key to Forex Trading Success Support and resistance are critical areas in Forex trading where buyers and sellers clash, driving price reactions that can lead to profitable trades. After seven years of trading and millions in profits, I’ve used Price Action Trading at these areas to generate $1,000–$1,500 weekly in the $6.3 trillion Forex market. In this guide, I’ll explain support and resistance, why they’re essential, and share a real trade example to show how they work. Get my 5-Day Trading Mini-Course 1. What Are Support and Resistance? Support and resistance are areas of interest where price reacts due to buyer or seller activity, acting as floors (support) or ceilings (resistance) for price movement. Key Definitions: Support: A level where price declines, buyers step in, and price bounces upward (e.g., buyers “support” price). Resistance: A level where price rises, sellers intervene, ...