Lesson 15

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Trader Question
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Lesson 15

Post by Trader Question »

I came across the term further out in lesson 15, I don't understand what it is, may be I missed some video somewhere with all these interruptions. can you tell me which video clip deals with this topic.

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pldot
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Re: Lesson 15

Post by pldot »

"Further out's" are the second level of support and resistance, more distant from price than the "nearby's." If we introduced the term in Lesson 15 we jumped the gun a bit, since they are properly described in Lesson 16 scns 18-26, and will figure more prominently as the Lessons proceed.
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