Become a Day Trading Pro: How to Identify and Trade Key Levels

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In this video, we'll be discussing key bank levels and zones in day trading. These levels, also known as key support and resistance levels, are critical for traders to be aware of as they can greatly impact the direction of a trade. By understanding how to identify and trade these levels, traders can improve their chances of success in the market. We'll go over how to locate key bank levels, how to use them in your trading strategy, and some tips for trading them effectively.

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Key Bank Levels in Day Trading: How to Identify and Trade Them

Bank levels, also known as key levels or zones, are important reference points in day trading. They are areas on a chart where the price of a security has historically had a strong reaction, either bouncing off the level or breaking through it. These levels can be used to determine entry and exit points, as well as potential targets for trades. In this article, we'll go over how to identify key bank levels and how to trade them in day trading.

Identifying Key Bank Levels

There are several ways to identify key bank levels, including:

Previous highs and lows: These are areas where the price has previously found resistance or support. If the price bounces off a previous high or low, it could be an indication of a trend reversal or continuation.

Moving averages: A moving average is a trend-following indicator that shows the average price of a security over a certain period of time.

Round numbers: Prices often have a psychological effect on traders, and round numbers (such as $50 or $100) can act as key levels. If the price approaches a round number and bounces off it, it could be an indication of a trend reversal.

Fibonacci levels: The Fibonacci sequence is a series of numbers where each number is the sum of the two preceding ones (0, 1, 1, 2, 3, 5, 8, 13, etc.). Fibonacci levels are horizontal lines on a chart that correspond to these numbers, and they are commonly used as key levels.

Trading Key Bank Levels

Once you've identified key bank levels, you can use them to trade. Here are a few strategies:

Breakout trading: If the price breaks through a key bank level, it could be an indication of a trend reversal or continuation. You can enter a trade in the direction of the breakout.

Range trading: If the price bounces off a key bank level and moves within a certain range, you can enter a trade in the direction of the bounce.
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How simple it is, when Arty explain. Thank you very much!!!

vecik
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I have seen great improvements since following your teachings. Thank you Jeff. A rare gem 💎😊

harrisonehiabhi
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I swear when I struggle with something, here comes Arty solving my problems. Thank you for this. this is really going to improve my performance

ttyl
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Omg this is Gold. I paid for someone to teach me and he overloaded me and we never talked after 3 ish months. I’ve been perusing it by my self and teaching my self with videos but you sir taught me soo much. Thank you for the video God bless you fr fr

danielhernandez
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This video REALLY helped! After laying out the zones as you suggest, It all makes much more sense.
Identifying zones was always kind of a guessing game till I watched this. Thanks so 🤝

bruce
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Arty thank you so much for these videos you always inspire me to go harder at trading and never give up 🙏🏻🙏🏻

Southfloridaexotic
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I'm a member of the trading floor thanks to you! I'm a complete beginner and I see your videos religiously, you have said to perfect one strategy when starting out, but I can't decide on which one. In your opinion, which strategy is the easiest to learn and use. Thanks.

jewdizzanairamirez
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Mannn, Mr.Moving Average…this video is VERY informative👍👍

thebrain
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Sometimes there is also a fake trendline breakout. How to trade such an structure sir and confirm a valid breakout? Please reply ❤

gurudeekshaclasses
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Zeros (0 0) are the psychological key levels that banks use.

vincekimcostales-silk
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does your 5 min scalping strategy's also work for crypto or its only for currency pairs?

-UnfaiR
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is this also advisable for crypto trading?

jakrob
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Hello brother. I am learning from you. You are good teacher. I am buying fundednext account but not sure if evaluation or express is good? help me please

HogueRobinson
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hi. i'm very new to trading. i haven't any degree or diploma or certificate related to finance. but i learning trading from watching tutorials, reading e books and demo practicing. do you think i can be a profitable trader with this learning paths without finance related degree or diploma?

sonalfonseka
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Hey just found ur channel and I’m really enjoying !! Does your trading floor teach SMC trading from beginner level?

TheAlp.
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Would a similar concept apply to most stocks?

jatinderratti
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Arty i just watched your ´my why´ because i seen on your twitter Kraków Poland, so you are still living in poland? Cuz I don't know anymore, once I saw a video of you want to eat burrito for New Year's Eve and it looked like the states. P S Umiesz już mówić po polsku? :)

verixvx
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Good morning, do you do live streams still?

andreacowley
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Arty how do I get into your discord? Also there is no invitation for me on trading view? Can you help please? X

janet
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Brother, I need your help signing up for the trdfloor, I can only pay with skrill .., I emailed the support team with no answer yet ..

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