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?
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! You can gain
immediate access to all the classes by starting here..
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