This week I share with you why 95% of traders fail to Go Long in trading and WHY.
Then we talk about a potential setup on Crude Oil.
This Trading Method Averaged 17.53% A Year Over The Last 24 Years — In A Bull Market, Bear Market, And During A Recession.
Hi Rayner.
Been following you for sometime now, thanks for an other great video.
How does one can overcome the fear of hitting support or resistance while following a trend (trending trading, i mean) ?
For example, based on your analyses, crude oil, will hit lower low ( after/if, hitting the 20 moving avg or after consolidation ),which i’m sure everyone will agree. But my fear or concern is on the monthly chart,78.35 region, which was previous Support & Resistance area. What is the best way trade in these cases ? Should we just ignore it. Hope you can understand what i’m trying ask. Thanks !!!
Hi Hj,
I understand your concern and believe me i once faced this issue as well.
Hopefully this chart will clear things up for you.
https://www.tradingwithrayner.com/wp-content/uploads/2014/11/How-high.png
Rayner
LOL !!
Thanks Rayner.
There is a very good reason why ppl like me, are looking
forward to your weakly analyses. That chart is one such reason.
Keep it up !!!
You’re most welcome Hj!
Cheers! 😀
Rayner