EXPERT rule to follow is ONLY trade off of your KEY LEVELS of support or resistance

Michael Esther
06-09

EXPERT rule to follow is ONLY trade off of your KEY LEVELS of support or resistance.

So if you don't have a level where the candles are going to then most likely you shouldn't be taking a trade.

If you end up taking a trade at some spot you feel like the reversal is happening well then thats a gamble and not really A+ set-up.

Hard to build consistency so you will need to draw a few $SPDR S&P 500 ETF Trust(SPY)$ $Tesla Motors(TSLA)$ $NVIDIA(NVDA)$ $Apple(AAPL)$ key levels:

1. Premarket High/Low

2. Previous Day LOW/HIGH

3. Previous Day Close

4. High of Day/Low of Day

5. Intra-day area of support and resistance after the market opens for 15min to 30min

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