Support & Resistance Simplified

Michael C. Thomsett’s Support and Resistance Simplified is a concise yet powerful guide to one of the most important concepts in technical analysis. Support and resistance levels form the backbone of price action trading, and Thomsett’s book provides traders with a clear framework for identifying, interpreting, and applying these levels across different markets.

The book explains how support and resistance levels emerge, why they matter, and how traders can use them to anticipate turning points, breakouts, and trend continuation. Thomsett goes beyond simple definitions, showing how to confirm levels with volume, moving averages, and other technical tools. He also introduces practical strategies for using support and resistance to place stop-losses, set profit targets, and manage risk effectively.

With step-by-step explanations, illustrative charts, and real-world examples, this book makes a core trading concept accessible to both beginners and experienced traders. The insights presented help traders improve timing, refine entries and exits, and trade with greater confidence.

✅ What You’ll Learn:

• How to identify and draw support and resistance levels
• The psychology behind support and resistance in market behavior
• Strategies for trading breakouts and reversals
• Combining support and resistance with volume and indicators
• Practical applications for stop-loss placement and risk control

💡 Key Benefits:

• Simplifies a cornerstone of technical analysis for all levels
• Provides actionable strategies backed by clear examples
• Helps traders avoid false signals and improve timing
• Equips readers with risk management techniques tied to support/resistance
• Compact, practical reference for everyday trading decisions

👤 Who This Book Is For:

• Beginner traders learning price action fundamentals
• Intermediate traders refining their entry and exit strategies
• Technical analysts seeking a reference on core market principles
• Investors who want to improve decision-making with support/resistance tools

📚 Table of Contents:

• Part I – The Concept of Support and Resistance
• Part II – Tools and Techniques for Identifying Levels
• Part III – Trading Strategies Based on Support/Resistance
• Part IV – Risk Management Applications
• Part V – Advanced Uses and Market Examples
• Appendices & Index