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RE: Engulfs - how to pick support and resistance

in #bitcoin7 years ago

If you haven't already, you should check out a guy called Walter Peters, he's done some really good work on naked trading.

Like all of them though, he's a salesman (and a bad one, he lays down all the crap like 'offer ending soon, sign up before it's too late !!, repeated every week, forever).

But... if you can wade through the spammy sales bullshit he does share a surprising amount of stuff for free (lots of youtube stuff). He's also a qualified psychologist and knows an awful lot about trading psychology, that's what I learned most from him.

He also has a book that's quite good for price action trading (available free at all good local torrent sites, not that I condone that kind of behaviour cough cough). It's called 'Naked Forex something', usually in .pdf format. Worth a read if you haven't seen it.