Support and Resistance is great, but are you aware that not all levels are created equal? Many traders think of support and resistance as just a support line or a resistance line. They treat this line as an exact science and don’t have a consistent way of drawing the lines or determining trades to take off of the support and resistance lines. In This course set, you will learn our concept of Significant Levels. A Significant Level is an area of the market to which price has had a strong emotional reaction, and is likely to have a strong reaction again. Learn to spot them, draw them and use them to trade and plce good, solid stop-loss orders.
Bob Iaccino spent the last 24 years in the commodities, futures and forex markets. He has been teaching traders live and online for over 12 years. He has served as a head of institutional commodity sales for major German bank, a head risk manager for a Chicago-based proprietary trading firm and as a Principal and member of the investment committee for a futures and forex based fund of hedge funds. Bob was also the Chief Market Strategist for a physical Oil company, providing economic and political strategy to their operations team. He has appeared on CNBC, CNBC Asia, Bloomberg Television and radio, CNN, CNN International, CNN Moneyline, Fox News, Fox Business News, First Business (Canada), Phoenix TV (China) and several local television broadcasts throughout the country. To date, Bob has done over 800 interviews on various economic, political and market-based topics and has taught and mentored over 5000 traders.
Mike is a 25 Year Market Veteran who has been teaching traders online and in person for 10+ Years. Has has and continues to work as a strategy and development consultant to multiple hedge funds. Mike is a former Options Maker on Multiple Exchanges, where he actually employed the options knowledge he now teaches in his day to day trading, giving his student insights that an average trader now wouldn't have. Mike traded in Chicago, New York and Switzerland and he is the current Head of Technology and Trading Systems Development for Path Trading Partners, as well as being one the the Co-Founders.