In this article, I am going to dissect a paramount concept in trading. Independent of the asset you are trading, most traders should care about it. I am referring to the selection of high quality support/resistance. This is my go-to guide to determine how to pick the SR areas of most significance where decisions will be made. Why static horizontal areas are so important? The reason lies in the ability we all have as traders to easily eyeball where these areas are located in the chart. This makes such horizontal areas the most universal form of reference for participants to use. It also makes the selection of these ... (full story)