A comprehensive set of Support & Resistance levels for trading Monday Aug 13 2018
We post these levels from time to time for readers on barchart. We follow these levels for our own trading and for putting them out for our subscribers as they are floor pivot that we are most comfortable with and therefore compute them a bit differently. If you are interested in learning more about everything we do and how you could benefit from our analysis, or would like to see any instruments traded on the US exchanges added to this analysis – visit us at www.tradeguidance.com and fill out a contact form with your information and someone from our office will get back to you promptly.
Recent articles from this author
- A comprehensive set of Support & Resistance levels for trading Monday Aug 13 2018 – Friday, August 10, 2018
- Is the sell-off in the indices done or is it building up – Friday, August 10, 2018
- The Globex Commodities Hedge – Wednesday, August 08, 2018
- Key Support & Resistance Levels for select futures and currencies – Tuesday, August 07, 2018
- The Indices Playbook – Monday, August 06, 2018
About the author
Murali Sarma, Vice President of Business Integrations Inc., is an internationally known commodities analyst, author, trader and business consultant who has demystified commodity trading and introduced numerous futures trading strategies and indicators to traders – professional, non-professional and the novice trader – throughout the world. Murali began his trading career in the pre-dot-com bubble in 1998, electing to seek instruments to trade which had lesser volatility and offered more predictable analysis. From about 1999 to 2002, Murali traded out of the UK and moving to the US after that and working mostly independently with individual traders while learning from some of the best analysts and traders. While not being formally certified as a commodities trader, Murali preferred to hone in on his analysis and trading skills versus adding academically to his credentials. Murali believes that is isn’t about being right or wrong on your calls, it is about making money!
Murali has helped several traders become successful over the last 10+ years of active futures trading and has a strong following of traders who like to seek out opportunities in the futures markets on a daily basis versus following the old “buy & hold” investing adage. While not being opposed to switching hats and becoming an “investor” every so often with swing trades in the equities markets, Murali prefers to trade what he can see on charts using multiple timeframes and handcrafted indicators suited for all types of markets. Murali excels in trading sideways and choppy markets with a scalping style of being in-out of intraday markets when there is no defined trend, and on most other days prefers trading to his own computed target levels during the intraday timeframe, while following the trend.
In recent months, Murali has started a Twitter based alert service for intraday futures traders who like to trade commodities and index futures, and elected to blog post his daily analysis in commodities like WTI Crude & Gold and index future instruments like YM, NQ, ES & RTY. You may contact him via his email at firstname.lastname@example.org