Trading Questions Answered
You've got questions about support and resistance trading. We've compiled answers from years of working with traders in the Vietnamese market—covering everything from basic concepts to advanced strategies that actually work in real conditions.
What makes support and resistance levels reliable?
Think of these levels as psychological price points where many traders make decisions. When price approaches a historical resistance, sellers remember past peaks and start taking profits. Support works the same way—buyers step in where they've seen value before. The reliability comes from collective market memory, not magic.
How long does it take to get good at identifying levels?
Most people start seeing patterns within three to four months of consistent practice. But here's the thing—identifying levels is just the beginning. Learning when to act on them, when to wait, and when a level might break takes longer. We've seen traders become proficient within six to eight months if they're reviewing charts daily and keeping trade journals.
Can I trade support and resistance on any timeframe?
Yes, but the dynamics change. Daily charts give you broader market context with less noise. Hour charts show you shorter-term opportunities but require faster decisions. Many traders here in Vietnam start with 4-hour or daily charts because they can check positions without disrupting their day jobs. Choose timeframes that match your lifestyle and temperament.
Do I need expensive software or tools?
Not really. Most trading platforms already include basic drawing tools for marking levels. We teach techniques that work with standard charting software. Sure, premium indicators exist, but understanding price action and volume matters more than fancy algorithms. Start simple—draw your levels manually and learn what you're actually seeing.
What happens when support or resistance breaks?
Breakouts are interesting. When resistance breaks convincingly, it often becomes new support—and vice versa. But fake breakouts happen too, where price briefly crosses a level then snaps back. Volume helps confirm real breaks. We spend considerable time on breakout strategies because getting this wrong is expensive.
How do you handle overlapping support and resistance zones?
Great question. When multiple levels cluster together, you've found a significant zone. These areas tend to produce stronger reactions because they represent multiple historical turning points. We call them confluence zones. They're not always pretty on charts—sometimes it looks messy—but they're often the most reliable trading opportunities.
Is this approach suitable for cryptocurrency markets?
Absolutely. Support and resistance concepts apply across all markets—crypto, forex, stocks. Crypto tends to be more volatile, so your risk management needs adjustment. The principles stay the same though. Price respects historical levels regardless of whether you're trading Bitcoin or bank stocks.
What if I work full-time? Can I still trade this way?
Many of our traders have regular jobs. They set alerts at key levels and check positions during lunch or after work. Trading longer timeframes means you're not glued to screens all day. Some traders place orders in advance—buying near support, selling near resistance—and let the market come to them. It's more strategic than stressful.
Do fundamental news events affect technical levels?
They can, especially major announcements. Strong news might blow through technical levels temporarily. But here's what we've noticed over the years—after the initial reaction settles, price often returns to respecting established support and resistance. Technical analysis doesn't exist in a vacuum, but it doesn't become useless when headlines drop either.
Extended Follow-Up Stories
We checked back with traders who've been applying these concepts for multiple years. Their progression shows what sustained focus on support and resistance trading can achieve over time.
Finbar Westcott
Three-Year Journey
Started with us in early 2022. Spent his first year just marking levels and watching how price reacted—no live trades yet. Year two he began small position trading on the VN30 index. By 2025, he's managing a modest portfolio with consistent results. His growth wasn't dramatic, but it was steady. He still reviews his old charts to see how his level identification has improved.
Seamus Gallagher
Four-Year Development
Came to trading after selling his coffee shop in Da Lat. He was 52 and worried he'd missed his chance to learn something new. Four years later, he trades forex pairs during Asian session hours. What strikes me about Seamus is his patience—he'll wait days for price to reach his identified levels. Says it reminds him of waiting for the perfect coffee beans to arrive. He's still learning, still refining, still engaged.
Donovan Rafferty
Five-Year Progression
Engineering background, very analytical. Started in 2020 and built spreadsheets tracking every support and resistance level he identified. Tested different confirmation methods. Lost money in 2021 trying to outsmart the market with complex systems. Simplified everything in 2023 and started seeing better outcomes. Now he teaches occasional weekend workshops on technical analysis. His main lesson: complexity doesn't equal effectiveness.
Still Have Questions?
We get it—trading involves real money and real risk. Questions mean you're thinking critically rather than jumping in blindly. That's exactly the mindset that leads to sustainable trading skills.
Our team at the Buôn Ma Thuột office handles inquiries throughout the week. Sometimes the best answer is a conversation where we can understand your specific situation and trading goals.
- Direct answers from traders with market experience, not sales scripts
- Honest assessment of whether our approach fits your learning style
- Realistic timeframes based on your available practice time
- Guidance on building skills progressively without overwhelming yourself
Reach us at help@apinetwavehub.com or call +842899989999. We're here most days and respond to messages within 24 hours. If we don't know the answer to something, we'll tell you that too—better than making something up.