10 Minute Read

Tackle Today: Marty the Elephant

July 2, 2020

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Teaching support, resistance, and price action

Traders,

Last night, we had an exciting webinar on our YouTube channel taught by Coach Matt Justice.  The topic was ‘The Art of Identifying Support and Resistance’.  Technical analysis is a critical skillset to develop if you want to be a successful trade.

In the webinar, Matt discussed many topics, including:

  • The three pillars of Technical Analysis
  • Types of Trends
  • The Cycle of a Trend
  • AAPL as an Uptrend example
  • The Core 1-2-3 Pattern
  • Support and Resistance
  • Technical Catalysts
  • And, yes, Marty the Elephant

Yes, you read the last one right.  Marty the Elephant made a triumphant return, and Matt used this example in an engaging way to teach some key concepts about support, resistance, and price action.  If you don’t know who Marty the Elephant is, you have to watch the replay, you can skip to minute mark 38:00 if you’re dying to meet this gentle giant.

Daily, we build content and provide resources that give traders like you the ability to learn, trade, connect and succeed.  In fact, those are our four pillars at Tackle Trading.  It is what we build our mission on.  Learn, Trade, Connect, Succeed.

The strength of our community is in its members.  It was great to see so many #TeamTackle veterans, as well as new names and faces show up last night.  If you were there live, great!  If you missed it, the recording link is in the Video of the Day section below. 

Thank you for being a part of #TeamTackle.  Make a goal to build your skills daily, weekly, monthly, and long-term.  If you are looking for a place to start, start with charting and Technical Analysis.  A great course to begin with would be either Technical Analysis 101 or the STEP System course.

Please let us know if there is anything we can help you with.

#TeamTackle

*Reminder, we have our Independence Day Sale going right now.  Annual Pro + all Premium Courses are on sale.  You can review all of the offers here: https://tackletrading.com/offers/


Chart of the Day

AAPL Daily Chart

In last nights show, Coach Matt used AAPL computer as an example.  It is in a clear uptrend, with higher highs, higher lows and rising moving averages.


Video of the day

The Art of Identifying Support and Resistance

If you missed last night’s webinar, catch the replay here.  It was a great session on technical analysis, charting, support, resistance, pivot points and more.  Must see!


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