How many times has your MACD, your RSI, your CCI or whatever
indicator it is you like to trade with told you that NOW was an
excellent time to enter a trade, only for price action to reverse
and take you out at your stop loss within a few minutes?
It happens to all of us, and to some of us several times a day.
The problem is that when your lagging indicator is telling you to
Buy or Sell, there are solid lines of Support or Resistance in place,
guarded by some big money traders who are waiting to fleece
you of all your money, which will all but guarantee your trade
is going to lose.
How many of these lines are there? 5? 10?
Can you name them? Can you name 10 of them? How about 5?
The sorry truth is that the typical retail trader (you and I) knows
next to nothing about these important price points where trades
go to die.
As a result, we keep listening to our lying indicators and jumping
into trades right as price action is about to reverse and head the
other way.
Imagine for a minute that you know about these lines and have
your charts set up so you can see right where price is likely to
stall out and move the other way.
How many losing trades could you avoid by passing on taking
those trades that need to break a major S&R line to get into
profit?
50%? 75%? More?
If avoiding losers was the only benefit here it would be worth
every penny.
But in the MasterClass “Trading Between the Lines” you’ll also
learn how to find those “sweet spots” where price is highly
likely to move in your favor after an entry, leaving you only
to decide when to exit the trade in profit.
This class is a true game-changer and if you can’t name
the 77 lines of S&R right off the top of your head you need
to take this class, if not for your own sake then for the sake
of your account!
Best,
Mike N
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