A Military veteran turned day trader, leveraging discipline and strategic thinking to navigate markets. Focused on intraday trading, investing and learning.
Drawing Support and Resistance with 9 SMA Swing High and Low
My favorite strategy for identifying key levels of support and resistance involves using the 9-period Simple Moving Average (SMA) in conjunction with swing highs and lows.
Discipline and practice are the foundation of a strong trading psychology. By cultivating these habits, you'll be better equipped to navigate the markets, manage risk, and achieve your trading goals.