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The Real Rayner Teo

Logo of telegram channel tradingwithrayner — The Real Rayner Teo T
Logo of telegram channel tradingwithrayner — The Real Rayner Teo
Channel address: @tradingwithrayner
Categories: Economics , Investments
Language: English
Subscribers: 87.90K
Description from channel

Saving retail traders from self-destruction
Learn more: Tradingwithrayner.com
Join us: https://t.me/tradingwithrayner

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The latest Messages 33

2023-10-31 15:25:08
Discover how to use Trend Line to better time your entries, ride massive trends, and “predict” market turning points

Learn More https://www.tradingwithrayner.com/trend-line-trading/

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14.5K views12:25
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2023-10-31 04:00:48 [This is the most important technical level one the chart]

Here are a few reasons why…

Reason #1: Losing traders hoping to get out at breakeven

Multi-year highs represent extreme optimism in the markets because most traders (and investors) are in profits.

But as you know, the price cannot go up forever. Eventually, it has to retrace or reverse altogether.

When that happens, many traders will exit their long trades.

However, not everyone will do the same. Some will continue holding, hoping the price could breakout higher to give them even more profits.

But when the market collapses even lower, they’ll regret not selling earlier as their open profits have been eroded and they are now sitting on their losses. They hope the market could re-test the highs so they can get out of their trades at breakeven.

Reason #2: Bearish traders looking to short the markets

For bearish traders, multi-year highs present an opportunity to short the market at a “high price” because they can reference the highs to set their stop loss.

So as the price approaches multi-year highs, the short interest from bearish traders will increase.

Reason #3: Momentum traders looking to buy breakouts

Momentum traders buy breakouts as the price moves above a certain level. It could be breakouts of a range, swing high, resistance, etc.

But what’s interesting is if the price breaks out of multi-year highs, it’ll attract attention from traders across different timeframes.

That’s because whether you’re a day trader, swing trader, long-term trader, etc. the multi-year highs will be something visible on your timeframe (and charts).

Now, whether you’re bullish or bearish, multi-year high is a significant level for traders.

If you’re bearish, then you can reference it to set your stop loss above the highs.

If you’re bullish, then you can look to buy the breakout and have your stops below the previous multi-year highs (anticipating that it could become previous resistance turned support).

(And vice versa for multi-year low.)
14.7K views01:00
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2023-10-30 15:30:08
Discover 5 proven trailing stop loss techniques to help you reduce risk and ride massive trends

Learn More https://www.tradingwithrayner.com/trailing-stop-loss/

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13.7K views12:30
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2023-10-29 15:06:03
How To Tell When Support Will Break

Learn More https://www.tradingwithrayner.com/how-to-tell-when-support-will-break/

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13.8K views12:06
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2023-10-28 15:59:16
The Average True Range Indicator Strategy Guide

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14.8K views12:59
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2023-10-26 15:28:45
This is a 31-page trading booklet that contains a specific trading system that has generated 1451.74% since 2000—and has 18 winning years out of the last 20.

Learn More https://pullbackstocktradingsystem.com/
16.4K views12:28
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2023-10-26 04:00:59 [The truth about support and resistance nobody tells you]

If you read most trading textbooks, they’ll tell you that the more times support and resistance are tested, the stronger they become.

But that’s not true, because the more times support and resistance are tested within a short period, the weaker they become.

Here’s why…

Support exists because there’s potential buying pressure around a certain price level.

(This buying pressure could be institutional orders, retail orders, smart money, etc.)

So what happens when the price re-tests support multiple times?

Well, these orders start to fill up.

Eventually, when all these orders are filled up, there’s no one left to buy and that’s when support breaks.

This means the more times support and resistance is tested (especially within a short period), the weaker it becomes.

Why a short period?

Because it’s unlikely new orders will be “replenished” so quickly.

And that’s why the more times support and resistance are tested within a short period, the weaker they become.
16.5K views01:00
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2023-10-25 15:38:25
The Definitive Guide to Price Action Backtesting

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13.6K views12:38
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2023-10-25 04:00:55 In trading, you're not paid by the hour but, by doing the correct things over and over again. Don't forget that!
14.3K views01:00
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2023-10-24 15:38:38
How To Find Support and Resistance Levels

Learn More https://www.tradingwithrayner.com/how-to-find-support-and-resistance-levels/

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15.4K views12:38
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