Support/Resistance and Volume Are Like Ham and Cheese

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Support/Resistance and Volume Are Like Ham and Cheese

I have yet to meet a novice trader who doesn’t claim support and resistance (SAR) as one of the skills they employ a in their trading endeavors. Of course, the silence is usually deafening when I asked, «When price reaches support or resistance what do you do?» In general, most people wait to see which direction the price is going to move and wait for confirmation of the move.

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