Support and Resistance Simplified

Support and Resistance Simplified by Cliff Droke is a comprehensive guide published by Marketplace Books, Incorporated in August 2003. This 132-page book is written in English and serves as an introduction to the fundamental concepts of support and resistance in technical analysis. It aims to provide traders and investors with a clear understanding of these critical elements, which are essential for making informed trading decisions.
Readers will find a detailed exploration of various strategies related to support and resistance, including trendlines, channels, and chart patterns. The book emphasizes the importance of using these concepts to enhance trading success and offers insights into their application in swing trading and other popular strategies. With a focus on modern technology, the text explains how to effectively pinpoint entry and exit points, making it a valuable resource for active traders and market enthusiasts looking to improve their trading techniques.
Official synopsis Publisher
‘Support and Resistance is perhaps the greatest contribution, and most widely held concept in technical analysis, and has since become an invaluable method for technical trader and investor alike.As founder and president of the nations most recognized research and education facility for traders, MarketWise Trading School’s core curriculum and analysis begins with a thorough understanding of Support and Resistance.This excellent primer explains these dynamics and the proper use of S&R using today’s technology”From the foreword by David S. Nassar, Founder/CEO, MarketWise Trading School L.L.C.Support and Resistance. It’s one of the most basic – and most important – elements of technical trading. Why? Because it eliminates most of the ‘guesswork” and allows you to make logical, well-supported trading decisions, rather than impulsive, emotion-driven choices.Now, discover how to apply the true power of this key concept to your own trading program with Support & Resistance Simplified. This easy-reading primer is the first work in decades devoted solely to ‘S&R”. From basic to complex strategies, every nuance and vital new application is explained in easy-to-follow terms. Trendlines, Channels, Chart Patterns, and more – are covered. Plus, find critical insights into.- What it is- How it’s traditionally used to enhance trading success- How it applies to Swing Trading – and other popular strategies- How new technology has made it even more effective for pinpointing entry/exit points with amazing precision- And – how it can keep you on the winning side of the marketActive traders, market enthusiasts and occasional investors alike enjoy a real market edge using S&R. Now – put it to work for you – with the simplified techniques found in Support & Resistance Simplified.
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