I'm grateful for your trust in my analysis and for giving you a more confident grasp of the markets. I've developed a unique yet straightforward approach to identifying support and resistance. It's sophisticated in its logic but simple once you get the hang of it.
Each trader has their own style of charting and technical analysis, which can sometimes lead to confusion. To simplify things, I've standardized my drawing approach across all charting platforms and assets. Here's a legend explaining what each color represents and the potential move or reaction it might indicate.
Please Note: The "Expected Move" section is primarily based on the S&P 500 futures, or ES, which is my daily trading product. The principle here is universal: higher time frames typically lead to more significant reactions, and the opposite is true for smaller time frames. I've included this "Expected Move" in the legend to demonstrate the variance in reactions from a 1hr level compared to a daily or weekly level. This insight should help you apply these principles to other assets and estimate the nature of potential trades.
I've attached the legend for your reference. Please save it, as you'll likely need to refer back to it while getting accustomed to my charting methods.
Important Disclaimer:
It's crucial to understand that I am not a licensed financial advisor. The trade setups I share are strictly for educational purposes ONLY. They are meant to supplement the ongoing learning of my students and all market enthusiasts. These are not recommendations for taking trades blindly. Instead, they are guides to aid your own research and decision-making process. You bear full responsibility for your trade research, execution, due diligence, and overall performance. By reading this, you agree to hold Vici Trading Solutions & Ryan Bailey harmless from any financial responsibility for trades presented here and acknowledge that this SubStack is solely for continued education, to be used for that purpose alone.
Ok now that we got that out of the way… Lets go Conquer these Markets !!