Support & Resistance Forex Trading – Taking advantage of both Technical and Fundamental

Support and Resistance trading is another trading methodology that I do in my Mastermind Mentoring Program. In this video I showed how to take advantage of technical levels and enter the market based on long term fundamental bias.

Newsletter

Zero spam.

 

 

3rd Party Advertisement

About Henry Liu

My name is Henry Liu and I am a Forex Trader and Mentor. I help traders achieve consistent income trading Forex while spending less time trading. My focus in trading is a combination of Fundamental Analysis, Technical Analysis, and Market Sentiment. Far too many retail Forex traders concentrate on just one aspect of trading, technical analysis, and ignore everything else; it is my goal (and vision) to educate every trader on how to take advantage of news trading and become more balanced traders.

You can find more information about me on my Google Profile.

Comments

  1. Melvin Macapal says:

    I just want to ask Henry. I just want to know why he is doing Mastermind Mentoring Program and sharing his secrets for a certain fine or no fine at all. If his trading system is so profitable then why bother selling some training stuff, if he could earn lots of money from his personal trading account.

    I just want to know because I know someone who is very profitable trading forex. He is a full time trader. He don’t tell his forex systems or forex strategies to anyone not even to his own shadow because he was too afraid that someone will know his secret.

    Think about this , if you have a magic word that turns iron into gold would you tell that magic word to anyone?

    My best opinion why Henry shares his profitable system is because his system is not enough to be profitable. It should be done on the hands of an expert trader or experienced trader like him, that is why he do training to newbies and amateur traders to make them expert. And be able to do his forex profitable system with laser accuracy.

    Thanks Henry for sharing your ideas.

    • I think I’ve answered this question 100 times, and the quick answer is: make more money.

      I don’t want sound rude but many times those who ask this kind of questions are always from a speculation point of view… the reason why someone gets rich, whether it is via trading or others, is because they don’t turn down opportunities. Of course you’d understand this if you are already rich 🙂 If you get 100 successful traders and offer them the right amount of money per month (risk free) for them to share their trades, 90 will say “yes” if the price is right… maybe your “friend” is the exception but unless he is exploiting a loophole in the market, with the right price he should be happy to share his trades. Look at well known gurus such as Peter Bain, Jimmy Young, etc… what about the Kathy Lien and Boris Schlossberg?

      I have a knack for teaching and I have a background in webdesign and marketing, and if by teaching I can improve the lives of thousands while making some more risk-free money, my question to you is “why not? I am also a business man and I want to build a successful business, the joy and pride you get at the end of the day is reason enough.

      One last thing I like to share is that most people who are driven in one area of their lives, are also driven in others… Because if you value responsibility and integrity, you would handle the marketing, teaching, and trading similarly… If you like what I teach and find logic in my online webinars, you should expect similar results in my own trading. It is just pure logic.

  2. what it called the broker you use henry?

    thanks

  3. Bello Olatilewa says:

    Pls Henry tell me the time frame chart you using in trading either spike news or retracement news trading

    • I don’t really care about timeframe, what’s important is the price action and how many pips market moved.

  4. These support/resistance lines are proprietary lines that I’ve developed. They are called the Trend Band or Daily Limit Levels. I don’t share it with anyone outside of my Mastermind program. Sorry.

  5. Lawal Olabanji Lateef says:

    Hello Sir
    Hope you are having a nice weekend?

    I have been following your videos and other analysis but there is something I have been trying to do on the MT4 platform of FxPro.

    I noticed that there some support and resistance lines that you draw such that they do not extend further, that is you draw them as short horizontal lines.

    Please how can I also draw them on the MT4 platform, I want to be using them to identify possible supports and resistances?

    The reason why I really want it is that the ones I have been drawing have been extendin forrward and have been confliciting with the levels that I’m supposed to consider as the major ones.

    Please Help me on this.

    As for this video also, It is as good as usual.

    Thanks.
    [email protected]

Newsletter

Zero spam.