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Confessions Of A Naked Trader

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beer belly

  • ForexNovember 2010support and resistance

    Support and Resistance Levels = Beer Bellies?

    November 23, 2010

    Support and resistance levels are one of my favorite places on the chart. However, I do not always expect price to reverse at these levels. I do not consider these levels on the chart to be walls, but rather these support/resistance levels are much like a beer belly.

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About

Walter Peters, PhD is a psychologist and is now a professional forex trader - but previously he was a jury consultant, a smoothie maker, a clown and an online researcher.

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