HOW TO FIND SUPPORT AND RESISTANCE

Hi Folks,

Whether you’re trading the stock market, the eminis, stock
options, stock index options, Forex, bonds, or mutual funds;
support and resistance levels are always there on the
charts, ready to be exploited by ANY TRADER who knows how.

Any trading method can be greatly improved by adding
accurate support and resistance levels. That’s because these
levels are not an invention, they are a natural part of the
markets. They exist whether you know about them or not.

I use support and resistance for entries and exits, as well
as for clues about where the market is going. Markets
change, rendering most back-tested systems obsolete after
awhile. But support and resistance trading never becomes
obsolete, because support and resistance levels are caused
by human nature. They are a natural occurrence in all liquid
markets, they always have been and they always will be.

There are basically two broad categories of Support and
Resistance:

#1. The Fixed Areas- I calculate and publish these for the
SP and Nasdaq Futures every trading night using many tools
such as Pivot numbers, Fibonacci numbers, previous highs and
lows, areas of congestion, certain moving averages, trading
channels, price symmetry and trend lines. I use multiple
time frames and always look for places on the chart where
different tools give me the same numbers. I call these
“clusters.”

#2. Dynamic Support and Resistance.

These levels come into play during the day and give
outstanding entry opportunities if you know how to trade
them. Some are based on key moving averages during trending
markets, others are based on chart formations, and still
others are calculated with the same tools I use after market
hours.

Using Support and Resistance Provides:

A- High probability knowledge of what will happen in the future.
B- Trading setups that hold their edge in all liquid markets decade after decade.
C- Logical places to exit and enter trades. Natural protection for hard stops.

My support and resistance zones used are NOT just your
standard Fibonacci or pivot numbers you might be used to. I
use other techniques as well, and combining these yields
"clusters" of intraday support and resistance that are both
powerful and amazingly accurate.

We have heard from multitudes of traders who are interested
in learning my methods of finding support and resistance. In
the past, I have only disclosed these methods to Trading
Camp attendees, and most recently to our "Live!" course
buyers.

However, we have been contacted by many traders asking if
they could purchase the "Finding Support and Resistance"
portion of the "live" course separately. So, you asked for
it...you got it!

For the next couple of weeks, we will be offering BOTH the
"Finding Support and Resistance" Tutorial, as well as the
CD-Rom audio/visual on Finding Support and Resistance for a
special discounted price.

Better Hurry though, the price will go up significantly on
May 1st...so be sure to order right away. CLICK HERE NOW!

Good Trading,
Mike Reed
TradeStalker.com

This publication's primary focus is trading the index
futures ($ES_F)and($NQ_F). However, you can also use my nightly updates to
trade the following ETF's (SPY), (QQQQ), (SDS), (QID),
(DIA), (VIXY), and (DOG)