Support and Resistance Trading Strategy with Moving Averages

[00:00] How are you? The video will be a bit long, but it contains a lot of information that will change your view of this field. It will make you understand many things that you did not understand before, and it will help you until the end of your career as a trader. The information that will be mentioned is very valuable. I want to ask you to sit in a place alone, away

[00:15] from the noise, hold a pen and paper, and write down the information that I want to talk about today, because what I want to talk about today will benefit you not only in this style of trading, but in any trading style that you will learn in this channel, whether you are trading with us in quick trade, or trading Forex

[00:29] , or trading crypto Bitcoin, or anything you trade, or stocks. The words that I want to say now will help you. I will return to this place, and focus with me. Let's use the iPad to explain something to you. In this video, there will be no introductions because it is very long. It will be full of information. We will explain something

[00:44] called supports and resistances. You often hear this word, or there are people who may be attending me and know what supports and resistances mean, but it will be explained now. For the first time, it is possible for you to get this information. What do support points mean and what do resistance points mean on the chart? We always have support points

[00:58] and resistance points. What are they? Let's assume that this is the chart going this way. You find the candles going up and down. Let's take this color in the points. These are the points that we see here. The points that the price always reaches and cannot exceed. It returns from them. If you look at any chart,

[01:13] you will find this thing or you will find this drawing. If you look at the chart behind me, you will see this drawing and you will always find points that the chart cannot exceed. We draw a line like this. These points are called support points. What do support points mean? I want you to understand them mentally. As usual,

[01:27] I don't want you to memorize them and I want you to always think broadly, not like a small trader. You do n't understand something, but you just go in and make deals and leave. No, support points mean that there are specific points in the price. There are a number of people who go in and buy at the same point according to their analysis because everyone is sitting behind

[01:43] a computer screen. Like you, you are deciding or choosing a place or an opportunity to buy from or open a deal. Let us explain more broadly what is the market moving or what makes the price go up and down. There are always people buying and selling, and there is speculation between them

[01:59] in the market. When the number of people buying is greater than the number of people selling, the price rises. When the number of people selling is greater than the number of people buying, the price goes down. I want you to understand this matter, because it means that there are traders other than you who are analyzing the chart

[02:13] and seeing support points. Every time the price reaches this point, they exploit this matter and buy, so the price bounces back from us. It means a support point, meaning a support point for the price that the price is not able to exceed. What does a resistance point mean? A resistance point? On the contrary, this chart has points that

[02:27] the price is always able to exceed and bounces back from them and goes down. This line or the points are called resistance points, meaning resistance to the price going up, so the price goes down from us. What is happening here? It happens that there is a group of people sitting like you, they are taking over, they know

[02:42] the point and automatically they sell back to us, whenever the price reaches it they sell back, so they make the market go back down. It is clear and simple, I want you to understand that the market is controlled by the people who buy and the people who sell, and there is always a challenge

[02:57] between them. Let us consider it. You always miss the strongest opportunity. You always see where the price is going, so you either like to be with the people who buy it or sell with the people who sell. Is this a basic law? A million percent, that whenever the chart reaches the point, it will bounce back. Of course, no, there will come a moment

[03:11] and you will find, let us suppose, it is a support point, and you will find the chart bouncing back until a moment comes and you find the chart broke it and rose, and the resistance point will turn into a support point, and you will find the chart going

[03:23] back down, touching it and rising, so we break. Okay, what happened here? What happened here is that there are people sitting and selling at it. The points are as I explained to you, but at this point, people who

[03:35] bought more than people who sold could not return and let the market go down, so there was a reversal and the market went up and then rebounded to the same point from which people bought, so the resistance point became a support point and the people who were selling started buying, so when the price reversed, people started buying and we

[03:50] do the same thing, we see a resistance point and we keep selling until the chart breaks this point and goes up. On this platform, a very clear explanation and I expect you got

[04:02] the idea 100%. What do support and resistance points mean? The strategy that we want to talk about today helps us determine temporary support and resistance points. How does it mean temporary? The chart is going like this. You will find the moving average line that we need for this strategy. It is going like this. Didn’t

[04:17] you see the moving average line when I explained to you that it moves in a wave-like manner with the chart? Today we want indicators. It drew temporary support points for us. For the chart, it means that the chart may touch

[04:32] and go up, touch and go up, touch and go up, just like what always happens, the same scenario when you draw the moving average indicator. Until now, I want you to understand, but this is what I am saying. Let us talk about the job. How will it help us? This is the strategy that we want to learn today first.

[04:45] Its job is to help us determine the direction of the chart or price. This is the first thing that the strategy will help us with. This means that it will determine for us the direction of the price, whether it is bullish or bearish. The second thing, focus with me and it is preferable to record it so that you do not forget to determine the end of the price or chart direction. It helped us first

[05:01] by determining the direction. The second thing will help us by determining the end of the trend. What does the end of the trend mean? Is it bullish? The trend has ended and become bearish, or is the market bearish and the trend has ended and become bullish? The third thing that we talked about that the strategy

[05:16] will help us with is determining temporary support and resistance points, as I explained to you in the drawing a while ago. The fourth thing that the strategy will help us with is the most important signal to enter the deal. Either a higher or lower strategy will work with us for price rise deals, which are higher, and lower deals,

[05:32] which are price declines. Up until now, I want you to understand this explanation a million times. If you face any difficulty, go back and reread the explanation. You will find the explanation very simple and easy, and anyone can Understand it now, let's move on to explaining the strategy, what indicator we need, and how we

[05:47] can use it 100% correctly. I want you to focus on every word that is being said because if you know how to use it correctly, the chance of you winning the trade is 85%. Imagine if you used it correctly, then your prediction for the market will be correct by 8%. Focus with me and let's begin. First, let's

[06:04] clarify what we were talking about. Where is this line? These are called temporary resistance points for the chart. This second line is resistance points, support points. You see it touching this chart and going down. These are resistance points.

[06:16] Here, the chart penetrated it, went up, touched it, and bounced back from it. Here, it penetrated it and continued, so now it is a resistance point. This is the drawing, but this is a quick clarification of what we talked about so that you understand it more in your mind. In this strategy, first you have to go to the candlesticks and make them

[06:32] for three minutes. This is the strategy. It must be a period of The candle unit is three minutes in this strategy. We only need one indicator and we want to use it three times, which is the moving average. Open the indicator and search for the moving average here and open it three times. Ok,

[06:47] I pressed open three times. I have three moving average indicators here. I press the first one, edit, and give me its period of 200. It goes down and makes me an EMI. Okay, go to Styles. Set its color to white. Set it to 2X. Make a sword. You see the second one

[07:04] ? I go back and press edit. Set it to 50. Make it an EMI. Go to Styles. Set its color to blue and leave it as 1 BX. This time I want it to be thin. Make a sword and go back. Go to the third indicator. Press edit and set it to 21.

[07:17] Set the EMI of the style to a different color. Let’s set the pink color. Ok, let’s leave it as 1 BX and set a sword. We now have three moving average lines. If you pay attention, they differ. With their period, with the period that I want to calculate for me, the forecast for the chart. Let's

[07:32] go back to using the iPad again. The first thing we talked about would help me determine the price direction. What does determining the price direction mean? If the chart is going like this and the moving average was going like this below the chart, then it means the price direction is upward. Okay, we talked about it a lot. Like if I have

[07:47] the chart going like this and the moving average is going like this above the chart, then it means the chart is determining the price direction for me. Downward. Okay, the first thing we talked about would help us with is determining the price direction. Okay, determining the end of the price direction. How does determining the end of the price direction happen

[08:03] ? When there is an intersection between the chart and the moving average, that is, when it is like this and the moving average is going like this with the chart and there is an intersection, be careful of the intersection and the chart continues to stabilize below here. The most important thing is that it

[08:15] should stabilize, not touch the moving average and go up when there is an intersection and stabilizes, like what you see here on the screen, for example, like this You see here, there was an intersection below and the moving average continued above the chart. There

[08:32] was an intersection and it stabilized, so I had a rise in the price. It determined the end of the trend. If it was upward, it determined that it has now ended and has become downward. If it was downward, the price determined that it has ended and has become up. This is the second thing it will help us with. The third thing it wants to help us with is the temporary support and resistance areas. We explained them and they are simple. Let’s assume this

[08:46] moving average chart is drawn like this. It is determining the temporary support points. If the chart is going like this and this moving average is drawing it, it is determining the temporary resistance points. This is the third thing it wants to

[08:58] help us with. This is exactly how the moving average will help us to choose the appropriate time to enter the deal. This is the most important thing. Focus with me when I have an intersection of indicators. This means that this white moving average intersects with these two indicators and the pink one is above the blue one

[09:14] . This means that both intersect with the white one and the pink one is above the blue one. This means it is a signal When I go up, I take a higher deal, and when I have a reverse intersection of the moving average indicator with

[09:26] the white and blue above the pink, meaning the pink is below and the blue is above, it is a sign of a decline. You see, it is very clear and easy when I have an intersection. You see here that the price was moving horizontally, then the indicators intersected with each other, and the pink is below the blue, so I had a drop in the price. See

[09:42] how it went down, down, down. The price kept going down until it came back, there was an intersection, and the pink is above the blue, and it came back. The price rose, you see, I had a rise, I had a crossover, I had a drop in the price. I have another way that will give me another signal because I make my trade. What is it? If I have

[09:57] a crossover of the pink and blue moving average indicators under the chart, meaning if the pink is above the blue, it crosses and the moving average is below the chart, then it is also a bullish signal, but not as strong as the first signal when the three indicators cross together. Or if I have a crossover, you see

[10:12] here I have a pink and blue cross with the white moving average, and the pink is above the blue. Look at the rise that I have, it came back, here it became a cross between the pink and the blue, so I have a drop in the price. This way, I think it is clear, and you have come to know what the moving average is and what helps you

[10:26] with it and what are the means of support and resistance points. Let us now start taking trades together so that we know how we can take the best possible opportunity. Of course, so that you know something, my sisters, a guaranteed or strong strategy always needs a lot of time. So you can find your opportunity, okay, the deal in this strategy is for

[10:43] three minutes, one deal is for three minutes in this strategy, this way you are working with the most possible thing, here I have the pink cross, the pink is below the blue and a cross with the white and they are going down far from each other, you see when these two indicators are far from each other it is a bearish signal,

[10:57] as I told you it is a bearish signal, you see here there is a strong drop so I have a chance to take a deal and a guaranteed deal,

[11:09] you see let's open the reds let's see how the deal is in a minute and a half approximately, you see you feel the chart is going up but something is pushing it down, you see the drop that happened in the market why are we going

[11:21] back again I have two indicators crossed with the white pink below and the blue above and the pink is far from the blue so it is a bearish signal, you see it will become an experience with time you understand it more with your mind you will know more read the market there will be a relationship between you and the market It will be

[11:37] a feeling 15 seconds 13 10 seconds You see the drop that happened, three seconds the deal won Did you see how the opportunity came? Let's look for another opportunity here If I have the pink now,

[11:49] it made an intersection with the blue indicator, it is an opportunity to take a higher deal It is a sign for the rise because the white moving average is under the chart and the pink and blue if they intersect and the pink goes up and the blue goes like this, it is an opportunity to take a higher deal Let's wait to see if the pink intersects with the blue and the white moving average

[12:05] is under the chart It is an opportunity to rise You see the intersection that happened with me, the pink with the blue and the white moving average is under the chart So I opened a higher deal If the price went down a little, it is an opportunity

[12:17] for the price to rise For me, it is a sign that the price wants to rise So I entered this deal Let's open Reds to see our deal There is about a minute and a half left The price must rise

[12:31] You see the intersection that happened here The rising signal. You see if the price goes down a little, but I have a strong signal for the price to rise. My reliance is always on the blue line and the pink line. When

[12:44] does it intersect? Which line is above the second? And the white moving average. Is it below the chart or above? This is what I want to focus on so I can seize my opportunity. Exactly. 10 seconds left. You see, I won the deal of $400 even though the price went down a little. You see, there is

[13:00] a rising signal and the price is rising. I don’t want this video to be too long. My inventory has become too long. Let’s talk a little. This video may have been a little long for you, but believe me, the information that was told today will accompany you throughout your journey in the world of trading. This is the information

[13:14] that I want you to understand well. You repeat it and practice trading. You learn by your own hand because, believe me, if you don’t trade, you won’t be able to learn. They tell you that I learned the game when I played it, not learned the game when I studied it. Anything in life that you want to learn, you have to do it for this

[13:30] thing so that you can learn properly, not just study theoretically and understand. Anyone can understand what we are talking about, but our field is practice and continuity until you can build the character of a trader with your feelings, your mind, your way of thinking, how you search for your horse in the market, and how you can make more profits.

[13:46] In the next videos, we will talk about stronger and stronger strategies. You have noticed that we have started to get spoiled.

[13:59] Your reaction to the videos is all on my social media sites in the description. You can find them all and communicate with me. I will try to respond to the largest possible number of messages and communicate with you and help you with everything I can. I hope you have benefited from this video, and I wish

[14:13] success to everyone. Peace