200 Moving Average video part 1

Support /Resistance buy and Sell Zones Chart 2

The first thing to remember in all trading.....price will not go up forever and price will not go down forever..... price will return and test previous zones of highs or lows at least once but many times price will return to previous price zones as many as two or three times ..... In this chart the price action at the top is showing signs of exhaustion for this leg of increase .....so we can expect price to move back to the previous price zone at least one time ......so this could be a low risk high profit entry for a limited time short sell....or wait until price retraces back to the target zone for a buy entry........on this chart, since the trend is up...I wouldn't expect price to travel below target zone . But once in the target zone expect a move back up toward the highest price point but not beyond the current High. Will cover more in next post...........Neboxian

Equilibrium 200 Moving Average

The Very first Thing You do is Apply The 200 ma (moving average).....this will give a picture of the price range you're going to be trading ....the 200 ma is the Equilibrium line (price will desire to move back to this point) in addition , 200 ma will also show the prevailing Trend...The Best Low Risk.... high profit Entry point will be when price is at an extreme point with the most potential to RETURN to the 200 ma ........the next thing to do is look at least 4 time frames...
start with the weekly time frame... then drop down to Daily .... then down to 60 min.......then down to the 15 min..The safest low risk trade will be when price in all 4 time frames are pointing in the same direction..... (toward the 200 ma) ......Once all the Home work covered in this Chart School series is complete......you' ll make your entry on the extreme of lowest time frame....Neboxian

Chart School : The Buy /Sell Zone Chart 1

This Series of Charts will teach you how to Identify the High Profit / Low Risk Entry points