39 Comments

  1. Hi Barry,

    I am a more " advanced (profitable ) trader". I can only say that, thanks to your lessons, i have laerned some more of the basics for TA trading. I love to see your video's and can confirm that they work.. Thanks for sharing your knowledge.

  2. This video is good enough to learn simple forex trading strategy using support and resistance level. I am using BPRIMES broker for better support and yes I am getting this from them. A support level is a level where the price tends to find support as it falls. This means the price is more likely to bounce off this level rather than bread through it. A simple definition of a support level.

  3. Forex is a market of money but only when a trader can be lucrative, when he will have support from broker. Trdae12 is a highly supportive broker blessed with well technologies and a fluent platform free of dealing desk, reqoutes and slippage. Traders can take real life trading experience trading with the broker.

  4. I enjoyed this. I really really believe support and resistance is the most important in forex trading. Something in me keeps telling me to just really get support and resistance down. This video is simple and great.

  5. Can you explain how support & resistance works in forex? Isn't it just the relationship between two different currencies? In your video, USD/JPY is how strong the USD is compared to the JPY at the current time… or are people actually trading the pair?

  6. It is no wonder that the forex market has the trading volume of $ 4 trillion a day. All anyone needs to take part in the action is a computer with an internet connection. It does not take a financial genius to figure out that the biggest attraction of any market. So, for beginners I would like to suggest to join with ECNCAPITAL which is the regulated foreign exchange broker in market.

  7. only trader on YouTube who actually explains why the market does what it does. just recently found you, going to go through all of your videos in the coming weeks keep up the good work

  8. well, it is easy(i would say) to see support and resistance levels in the past and draw lines 🙂 but how to find out when trend turns and when does it go through the s/r line? 😉

    BTW your videos are brilliant

  9. Dr. "Top Dog" Burns , my gratitude for being so generous with your immense knowledge! Finally someone who uses logic and reason to explain the behavior of the markets. Muchas Gracias Sir!
    -Darryl

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