Sources for support and resistance levels?

[jmallx]

I was wondering, where do you guys get your information for support and resistance levels from?

I am currently using StormyGolds support/resistance levels as well as info from www.dailyfx.com

Thanks

[Rhody Trader]

The primary source of support and resistance level is the charts. Highs and lows are identified and declared as such. They are considered to be important points of previous market activity, and thus important to future trading.

Other support and resistance levels are often identified from moving averages, fibonacci lines, and other indicators.

[elmagd2000]

You can use Pivot points or Fibos to determine S/R levels. Give "Market Profile" concepts a try. It gives better results.

Hani

[hotoracle]

Try Rob Bookers course, I can't recommend it high enough. Many other traders here have the same opinion.

His course is based on the understanding of support & resistance.