Do You Make These Support and Resistance Mistakes?

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  • Опубликовано: 2 дек 2024

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  • @JG27Korny
    @JG27Korny 4 года назад +457

    Those fine details 10 years ago were available only to the most seasoned traders, now the information is free, thanks to videos like this.

    • @rohan852
      @rohan852 4 года назад +10

      So true!!! But the issue is that there is so much information overload that every free info seems to be worthless.

    • @Dj-nk7wb
      @Dj-nk7wb 4 года назад +3

      @@rohan852 Real person take care of that information

    • @rohan852
      @rohan852 4 года назад +2

      @@Dj-nk7wb Yes

    • @ernestosanchezrojas4725
      @ernestosanchezrojas4725 4 года назад

      @@rohan852 I do not understand why the sellers will put the price down, they want to sell in high price they coin ?

    • @rohan852
      @rohan852 4 года назад

      @@ernestosanchezrojas4725 Until they buy with all the funds they have, they will not allow it to go up.

  • @rocnathan
    @rocnathan 3 года назад +13

    I normally don't post on trading channels. But the way you explain the psychology behind market moves is worth more than hundreds of candlestick pattern "rules". Because in the end, candlesticks just show how people are behaving. Thank you.

  • @kennethlee3177
    @kennethlee3177 4 года назад +53

    Wow the explanation of the FOMO and Cheapo traders resulting in S/R zones is just amazing and so original... I've never heard anyone explain it in such logical and easy to understand way. Thanks Rayner!

  • @scottiescott9297
    @scottiescott9297 4 года назад +21

    “FOMO and Cheapo” LOL. Love it. Great way to explain the choppiness of the market near S and R. Rayner is the best in the game. Easy to follow and take notes on. Cheers!!

  • @kananabdlyv
    @kananabdlyv 4 года назад +8

    Dude! Rayner, thanks! By avoiding this mistake I got 70$ ( P.S I had a demo account:( ). I really appreciate it. Thanks for everything that you have done for teaching us. I hope I will meet you once in my life and at that moment, I would tell thanks.

  • @user-ky2vl2wm3j
    @user-ky2vl2wm3j 4 года назад +7

    I know this technique of using rectangle tool to mark S&R, the problem with this thing is that it deepens your stops, shrinks your potential targets and leaves most of the trades undoable.
    Also, if prices reverses from lower line of support you still remain doubtful of the reversal until it breaks above the area of support ie the upper line of support and vice versa. I would request Rayner to make a tutorial on how to handle this issue. Hit a like if you also face this issue and want a tutorial.

  • @razvanene8662
    @razvanene8662 3 года назад +1

    My trading skills have significantly improved and i need to thank you for all the informations you share with us. I learned and i still learn from you.

  • @stanford86nada
    @stanford86nada 4 года назад +5

    You seriously rock - genuine appreciation of your existence from half way across the word here.

  • @KELLY-qm5sl
    @KELLY-qm5sl 4 года назад +2

    i dont like to stay in the market so long and you know money management is the key i locked all profits aswell 💝

  • @akilimalijohn3223
    @akilimalijohn3223 4 года назад +6

    It seems like you were discerning all my mistakes done in my tradings!
    You really help me man.
    You are one of the best mentors...

    • @akilimalijohn3223
      @akilimalijohn3223 4 года назад +1

      Mr Rayner, please keep on doing this for us! I am still a new trader, and after losing money trying to trade by my own with no experience, finally I have decided to gate first a mentor to teach me! And you must know that you are one of the best mentors that I met... because physically I don't have one! So I ma just learning from your videos on RUclips,
      Please don't be selfish like those who are making false videos on RUclips just to get views and get paid for its...

  • @KevinKhan
    @KevinKhan 4 года назад +6

    This was very informative. One of the most insightful channels I've come across. Thanks for sharing this knowledge. Straight goods no BS and well articulated. Shout out from the 6ix!

  • @katebeedot9052
    @katebeedot9052 4 года назад +1

    THANK YOU!! I'm a real 100% beginner and I have to learn fast because I inherited stocks and they're just sitting there.. as an independent type of person I like to learn and deal with problems on my own. Thank you for the downloads, will start studying tomorrow since I found you on YT late this afternoon, actually from another person's tutorial type site which then sent me to YT, where you popped up and I got addicted! But as a true beginner I have in fact already spent some time just trying to figure out the charts (bank site) in the course of time and have been wondering what to do about old bad stocks and when to get rid of them. I also have a big tax credit because I finally sold a very bad stock which was bought at an incredible price around 12 years ago.
    Thanks again, this is useful AND interesting and you're an excellent teacher.

  • @markthompson7722
    @markthompson7722 4 года назад +1

    As well as support and resistance we need to keep an eye open for rn,brn and vbrn,s ie round numbers. So 1'55500 would be classed as a round number RN, 1.66000 a big round number BRN,and 1.60000 a very big round number VBRN,check the charts on the weekends identify very big round number and insert a vertical line through the area and see for yourself how price reacts when it enters the area.Maybe the expert Raynor Teo could elaborate further with a video as it is very important to know alongside support and resistance .Have a great weekend folks happy trading

  • @chrisseyimbollo
    @chrisseyimbollo 4 года назад +2

    Like i was trying to understand what is going on some of my losses and then i received a notificcation of your video, and you're talking about what i was looking for. YOU ARE THE MAN. Thank you for all

  • @robertafreespirit66
    @robertafreespirit66 4 года назад +6

    Another great lesson. His teachings are amazing for beginners like me.

  • @baldnout5406
    @baldnout5406 4 года назад +5

    It's amazing how with just this video alone, I believe anyone could have an understading about trading!! This was one of my mistakes in the beginning, my analysis were spot on, but was treating S&R with lines and getting in trades that went against me, but further would revert and go as I thought. Great work, keep it up, simple, and direct to the point!

  • @lawh1ify
    @lawh1ify 4 года назад +31

    I learn something new every time I watch your videos. Such an excellent teacher! Thanks Rayner.

    • @najeebva3330
      @najeebva3330 4 года назад

      Feeling the same man.. He's gr8..

    • @SDFXTrading
      @SDFXTrading 4 года назад

      lawh1ify he is teaching you the wrong things js

  • @darrenrafel9464
    @darrenrafel9464 4 года назад +5

    This is gold! Thanks Rayner...I always find new tech' analysis gems when I watch your content.

  • @aidanderson53X
    @aidanderson53X 4 года назад

    Ngl this is by far the best channel for technical analysis I have found by far.

  • @thevegastan
    @thevegastan 4 года назад

    Thank you so much Rayner! 9:40, personally I add the ATR ON TOP OF my predetermined 1R. Meaning if I presume a move in opposition of my intended trade direction by 50 pips would invalidate the current swing, I take 50 pips + the ATR to insure from stop hunting.
    Therefore, generally my stop target would be 100-140 pips away from my entry and my profit target would be 200-280 pips. And naturally, that makes my risk-to-reward ratio to be at least 1:3 to 1:6

  • @ushanpadukke
    @ushanpadukke 4 года назад +2

    Hi Rayner. You helped me a lot. Thank u so much. The best teacher even 5 year old can understand. Bold and sharp. Highly recommend for any beginner for the industry. This is the teacher since my baby steps. Thank u once again.

  • @justincontreras633
    @justincontreras633 4 года назад +3

    Really do appreciate everything you do for us new traders man, you teach with so much passion and enthusiasm it makes me just wanna learn more !!!!

  • @cryptopushers7930
    @cryptopushers7930 4 года назад +29

    Thanks for cracking a code for me. I always wondered what that “V” was all about after a price drop 🙏🏽

  • @namibiasanswer1400
    @namibiasanswer1400 3 года назад +1

    Every time i watch your videos i learn more and more, so thank you truly i'm greatfull.

  • @Deezlrow
    @Deezlrow 4 года назад +2

    I had heard someone replace the word Support=Demand Resistance=Supply. Found that kind of interesting. And it goes in to what you’re saying here.

  • @hatem439
    @hatem439 4 года назад +3

    I watch your videos everyday and they are priceless. Thank you!

  • @josegordillo2583
    @josegordillo2583 4 года назад +2

    Thank you Mr. Teo, I have learnt and I am continue learning every day with your videos.

  • @MasihBouriayee
    @MasihBouriayee 4 года назад +1

    Thank you so much! Starting off as a new trader I would always get stopped out as my stops were too tight. Your tips have improved my trading game a lot!

  • @marckdavies3380
    @marckdavies3380 3 года назад +1

    Treat your support resistance as an area, not a line on your chart. Great call out.

  • @jorgemadrid4514
    @jorgemadrid4514 4 года назад +1

    One of the best videos with advice on Yt

  • @cuttingedgecool7235
    @cuttingedgecool7235 4 года назад +28

    The small details are the difference between consistently withdrawing from your broker or consistently depositing to your broker.

    • @Razziclipz
      @Razziclipz 4 года назад

      Damn consistent depositing just got me

    • @ammaralshammari7426
      @ammaralshammari7426 4 года назад

      @@Razziclipz
      Me too😂😂😂😂💔

  • @viknesravandran7179
    @viknesravandran7179 4 года назад +3

    This dude is doing gods work. thanks my friend

  • @natalianove310
    @natalianove310 4 года назад +1

    You say don't buy in chop moves to support. Does this also apply to sell in chopping movements? Love your channel! You have helped me learn a lot.

  • @InfoHowTO
    @InfoHowTO 4 года назад +1

    Support and resistance is a powerful pillar in trading and most strategies have some type of support/resistance (S/R) analysis built into them.

  • @omirefahammed2546
    @omirefahammed2546 4 года назад +1

    Thank you Ray. My skills have improved greatly since I got on your channel

  • @gomolemogeetee7108
    @gomolemogeetee7108 2 года назад +1

    Amazing Lessons from you... Can you explain that gap around 6:37 of the video 🙌

  • @TradeWithPrithvi
    @TradeWithPrithvi 4 года назад +2

    Learning a lot from you.. your videos helped me alot to become a profitable trador. Lots of love from India

  • @vashstampede4878
    @vashstampede4878 4 года назад +1

    You're helping me find my edge. Thank you so much for what you do

  • @shikombajacob4473
    @shikombajacob4473 4 года назад +86

    "hey hey, what's up my frieeend?"

  • @momentshub3773
    @momentshub3773 4 года назад +17

    Amazing lessons man!

  • @michael_pow
    @michael_pow 4 года назад +2

    What a legend this man is.

  • @leblanccantona3584
    @leblanccantona3584 2 года назад +1

    I like your explanation.
    Could you please make a video, about a good confirmation signal to enter a trade by reading candlestick 🕯

  • @saurabhkapoor5839
    @saurabhkapoor5839 4 года назад +1

    I am truly blessful to have a you as a fantastic teacher. Because of you only my interest increases more into trading. I always wait for your videos contents which are extremely useful and easy to use to understand the market structure and strategies as those actually works in live trading if anyone applies.
    I can proudly say my Trainer is Rayner.

  • @jocelynbeatricenanfuka3192
    @jocelynbeatricenanfuka3192 Год назад

    Back to the basics with the best teacher. Your a 💎 Rayner

  • @Oga_
    @Oga_ 2 года назад

    You're an awesome instructor. Thank you for always getting into the topic immidiately the video starts.

  • @olawumiayomide7893
    @olawumiayomide7893 4 года назад +1

    Best support and resistance video I’ve seen. Thanks for d stop-hunting knowledge also. Being a victim of that lately

  • @jmwinpath
    @jmwinpath 4 года назад +1

    Very much useful. Thank you Rayner..stay blessed

  • @MrBaiStan
    @MrBaiStan 4 года назад +9

    hey hey my friend! you are genious! thank you for these priceless lessons

  • @vroldos
    @vroldos 4 года назад +1

    Hey, what about the lower highs into support pattern at 6:14 to 6:18. It's also a typical level of good support to buy. We see that all the time in bullish stocks in the first hour of trading. Typical pullback after the initial opening run. It would be great if you could comment on the differences. Thanks!

  • @vishnuashok1992
    @vishnuashok1992 4 года назад +1

    Can you make a video on the pros and cons of trading without a stop loss? Is it a good idea to trade without a stop loss if we have large equity and trade in smaller sizes?

  • @AngelCndFR
    @AngelCndFR 2 года назад +1

    please do lesson in options entry pricing , thank you for sharing your knowledge i do appreciate you

  • @shanu5406
    @shanu5406 3 года назад +2

    Amazing learnings professor.. Thanks🙏❤

  • @chartinsights
    @chartinsights 4 года назад +4

    Great vid! I liked mostly the psychological explanation of various situations of support and resistance, in particular why SR should not be treated as ines but as areas. Keep up the good work!

  • @travelingsandy900
    @travelingsandy900 4 года назад +1

    Wow thank you so much. I learnt a lot about how to set stop loss

  • @DayTradingAddict
    @DayTradingAddict 4 года назад +1

    good video bro

  • @evans9303
    @evans9303 4 года назад +1

    Thank you very much Rayner. I learnt a lot from your videos

  • @rotrking
    @rotrking 3 года назад +1

    Thank you so much mentor.
    This is golden.

  • @shreemogadpali114
    @shreemogadpali114 4 года назад +1

    Brother your videos are great

  • @mariusvdmerwe6803
    @mariusvdmerwe6803 4 года назад +1

    Thanks man you made it really clear

  • @digneshkhunt8425
    @digneshkhunt8425 3 года назад +1

    thanks... valuable information free of cost...

  • @MegaMalik360
    @MegaMalik360 2 года назад +1

    I love your breakdowns answered alot if questions Ive had

  • @TheKingdunamis
    @TheKingdunamis 4 года назад +20

    My wife loves you. She thought I was listening to Joseph Prince. Great video.

  • @VikasGupta-xg3uv
    @VikasGupta-xg3uv 3 года назад

    I can't believe this content on RUclips is for free🙌🙌

  • @forgottenchannel1
    @forgottenchannel1 4 года назад +14

    Great channel man, learning so much from you!

  • @MylordVlog
    @MylordVlog 4 года назад +1

    I think it’s better to use vsa along with price action, only price action can’t entry the market ..if its right plz make a video ...

  • @rahulvelpula1020
    @rahulvelpula1020 4 года назад +4

    Hi, Sir.Thanks sir I have learnt lot through your videos and I will be waiting to watch more and more. I have a small request ,will you make a video regarding Elloitt waves.

  • @abdullahisuleiman1269
    @abdullahisuleiman1269 3 года назад +1

    Rayna you are the best. You gonna live long Man. More powers to your elbow 💪

  • @kekereed05
    @kekereed05 4 года назад +1

    Just wanna say thank you for making these videos 💪🏾

  • @sivakumar0809
    @sivakumar0809 4 года назад +1

    very useful tips you have given Raner. Thank you for your efforts to make us more professional traders.

  • @tamilkumar7147
    @tamilkumar7147 4 года назад +5

    Thanks Rayner for this wonderful presentation.

    • @Marketmakers9514
      @Marketmakers9514 4 года назад

      ruclips.net/video/x3H_SkqLPds/видео.html

  • @panchasanguparakalarajan8948
    @panchasanguparakalarajan8948 4 года назад +1

    Thank you sir... Nicely explained

  • @karthikkp7738
    @karthikkp7738 4 года назад +1

    You are simply awesome man.....loved ur explanation

  • @SaurabhSharma-ov5hr
    @SaurabhSharma-ov5hr 4 года назад

    You r the best teacher brother

  • @Wethecenter
    @Wethecenter 3 года назад +1

    Great lesson again sir!!!

  • @rahulverma9923
    @rahulverma9923 3 года назад +1

    What a session ! Hats Off :)

  • @dawgsout4free
    @dawgsout4free 4 года назад +10

    I just trail my stops just easier for me and I keep atleast some profits

  • @cravingshannon8726
    @cravingshannon8726 4 года назад +1

    Can you go over how to use heikin ashi candles when swing trading along with moving average and macd ? Btw great video and great content every time!

  • @rorylewellen9391
    @rorylewellen9391 4 года назад +2

    Excellent presentation!

  • @sunk7881
    @sunk7881 4 года назад

    Thx for rectangular details for support and resistance god bless you

  • @sprengkopp5451
    @sprengkopp5451 4 года назад

    the best guy where i could lern trading from! very understandeble all your vides :)

  • @RSG2715
    @RSG2715 4 года назад +1

    I have one question,
    For eg the gap between the support and resistance is small, So how would you decide that the stock is making high lows into resistance or low highs in support? basically consolidating and moving sideways. Then it's difficult to predict the market if it would be high or low.

  • @bonaparte99
    @bonaparte99 4 года назад +1

    I got a lot of knowledge from this channel. Thank you ♥️♥️💯

  • @gavinbannister4124
    @gavinbannister4124 4 года назад +1

    27/07/2020 12:00pm was literally paying attention to the Silver price chart whilst watching this video and it's having a little breakout after having a (admittedly unclear) ascending triangle :)

  • @samappavou181
    @samappavou181 4 года назад +1

    Hi Rayner, very much informative......many thanks

  • @afattiger4832
    @afattiger4832 2 года назад +1

    Excellent video well done rayner

  • @patrickjohnquino8987
    @patrickjohnquino8987 4 года назад +1

    Strong basics as always ! 💪🏾

  • @civirus0796
    @civirus0796 3 года назад +1

    Hi, at 9:09 I just do not understand why sometimes the stop loss is above the level you're about to purchase, it does not make sense to me! I thought stop losses should be lower than the level you're about to purchase so that your loss does not get worse. So why is the stop loss being above? How is it a loss if the stock increases in value

  • @KELLY-qm5sl
    @KELLY-qm5sl 4 года назад

    sir you have made me understand and i am now winning😊 wow got it

  • @abhinavsohal007
    @abhinavsohal007 3 года назад +1

    *You are a saviour 🙏🏼*

  • @MarisMachadoPinto
    @MarisMachadoPinto 4 года назад +2

    Outstanding , really good stuff, congrats!

  • @ashutoshkholia3439
    @ashutoshkholia3439 2 года назад +1

    Hello sir first of all thank u for the informations ,i follow every of your vedio to gain knowledge of stock market .but sir have a doubt regarding this vedio,,, in the first section as you mentioned more time it tested support weaker it will get...but the pattern you draw to illusrate is kind of similar to continution pattern (symmetrical triangle)
    So can you tell me the differences between both of them
    Thank u in advance...

  • @liveandlearningbydoing9714
    @liveandlearningbydoing9714 3 года назад

    I already put "hey hey what's up my friend in my phone". It's great.

  • @markballard1515
    @markballard1515 4 года назад +1

    Yes, unless I'm paper trading, and my palms aren't all sweaty, I'm totally relaxed, and I may even go get a snack while the market is moving against my simulated position.

  • @jefersonvega2744
    @jefersonvega2744 4 года назад

    Priceless Lessons Rayner. Thanks for your free and amazing lessons. I've really learned a lot.

  • @tango5995
    @tango5995 4 года назад

    I m from india..Rayner sir your explanation way is to much good..easy.. & superb..Thank you.

  • @blackpearl9370
    @blackpearl9370 4 года назад +1

    You are god of traders 🙏🔥💯❤

  • @krissfunmusic4105
    @krissfunmusic4105 2 месяца назад

    You are best teacher ❤

  • @stuartrust3387
    @stuartrust3387 4 года назад

    Wish I had seen this video before today, got stung with oil on this exact pattern strong resistance from low & then boom the price shot up leaving me reeling

  • @osirisfilmproductions
    @osirisfilmproductions 4 года назад +4

    I'd say sell, downtrend, descending wedge pattern, long wicks on the buy.

  • @gommarbun9726
    @gommarbun9726 3 года назад

    I was setting my stop lost right at the support before waching this video, then i move it down 1 atr after watcing and save from being stopped before market make the rally