Forex Swing Trading in 20 Minutes - Crotch Strategy and Strong Support and Resistance

It's important to watch the other videos in the Forex Swing Trading in 20 Minutes video series for some context on this forex swing trading strategy. Forex Swing Trading in 20 Minutes - Pairs to Follow and Setting Up Charts: https://www.youtube.com/watch?v=lwZEACzahec Forex Swing Trade in 20 Minutes - Time Frames and Strategy 1: https://www.youtube.com/watch?v=WWvwvigX8eM The basic concept of this Crotch strategy is that strong support and resistance are levels that caused the price to reverse trend. As soon as we can see the price has reversed trend, we go back and draw the strong support and resistance level using a box/rectangle and extend that rectangle out to the right. I am willing to short at strong resistance, with a stop loss just above the strong resistance area. I also typically refrain from going long right near strong resistance (with other strategies). I am willing to buy at strong support, with a stop loss just below the strong support area. I also typically avoid going short right near strong support (with other strategies). More advanced profit taking methods will be discussed in a future video, but for now, using a 2:1 or 3:1 reward to risk ratio will serve you well in making sure that your winners are always bigger than your losers. As always, find out my at my website: https://vantagepointtrading.com/ and in my Forex Trading eBook: https://vantagepointtrading.com/forex-day-trading-and-swing-trading-strategy-guide

Comments

1. Plz make one video of intradat wd 30 min time frame.
2. Hi Corey i'm practicing this strategy and sometimes i notice smaller support resistance patterns at the h1/m30 level. Would you advise trading these?
3. I\'m not sure but ,if anyone else wants to uncover earn money from forex try Corbandy Trading Expert Crusher ( search on google ) ? Ive heard some unbelievable things about it and my co-worker got cool results with it.
4. confusing because of redundance...