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Lesson 15
Posted: Thu Oct 09, 2008 9:38 am
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.
HB
Re: Lesson 15
Posted: Thu Oct 09, 2008 9:42 am
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.