Money and trade management using support and resistance

Hi traders,
I'm using a strategy based on a simply price action .
I buy and sell when price touch the major support and resistance.
Until now i'm using a R:R 1:3 , i place my order to a important min or max placing my stop loss at 5 point and my profit at 15.
I'm using a 1-5 min chart to trade but a get the point of support and resistance from higher timeframe from 1h -4h-1day.
The problem with support and resistance is that it's very hard to understand what is the exactly point where price reverse, so maybe it's better to refer at a price zone...but with a price zone it's no possible to use a stop loss so small.
So, how can i manage better my trades? can somebody help me?
In this period i'm trying opening more position near a support or resistence creating a price zone, in this way i'm sure to take a bounce, by the way my stop will be greater as my profit.
What do you think about it?

Are you keeping your stops tight? because resistance and support is a very funny thing.

From your explanation, I assume you already know what the problem is. The stops are too tight. Either increase your timeframe and open the stops wider, just scalp and take fewer pips fro each trade

Ok Danny Maina .
My stop are too tight, but this is because i want to take a R:R 1:3 ....
I can also take fewer pips each trade, but then when i will take a loss, i will lose all my past profit...this is why i use 1:3 R:R and i keep tight stop.
how do you think can i manage better?

The issue with Price Action at least for me is this. It's all best guess, the only thing that can save you is almost perfect money management in the long run. There is simply not enough information on that chart, Price action essentially put the value of all the candle sticks or bars as equal depending on where they are, and that goes against the way the market works. Two bars are not created equal, and fakeouts are bound to happen without knowing when more supply or demand has hit the market. You could trade like that I guess, but you money management better be top notch.

everybody say that money management it's the main problem , and i agree.
But the problem here is how to have tight stop loss and take the bounces from support and resistance.
I think that support and resistance are something amazing, the problem is still money management, so i tryed to open more position because with a strong demand supply zone, price almost always bounces , but not always we stay in that trade.
I'll try to make an other example, we have to find the exactly point where a resistance make price reverse, this is almost impossible , watch the first photo:
if i put my order in the first red line 1,38793, we were right about the reverse and direction of the price, but unluckly price didn't hit our order.
Now take a look at the second photo, we know that there's a strong resistance, and that price has a great probability to bounces there, and we want to enter in that bounce.So we place more order there , in this way we are sure price will take our order in any case.
If price go strong up we will take a normal stop loss, if price go down we will take a normal profit, respecting the 1:3 R:R.
the problem and difference from the two photo or you enter early and stay hold keeping a loss position until it go in profit, or you create a grid and be sure to take all the movement.
I hope to be clear, thank you at all.
cheers

See Nepul you sayed it by your self " but then when i will take a loss, i will lose all my past profit " That the exaclly reason that i tryed to explain you on the other thread that i replyed you.If you are going to use bigger stop like 20 or 30 pips and you whant to trade 1:3 them you need bigger timefreames like H4 and D1.Even for me those stop are tight for those timefreames.You have all the way not to bileve me but in the end you will see what i'm trying to tell you.

Your basic approach is good (i.e. a good RRR, and using support/resistance levels), but in order for the trade to work with such a small stop, you have to be very selective about what pairs you trade, when you trade and what sort of support/resistance levels to use. The only way to work this out is to backtest your strategy by going through months and months of charts, and seeing what levels hold, and how small you can make the stop level. You can draw a heaps of support-resisitance lines on a chart, but the real art of trading is working out which ones other traders are taking notice off, and ignoring the rest. You'll get better at this the more you trade and the more chart backtesting you do.

You might also want to consider trading in the direction of the trend, i.e. breakout plays rather than doing bounce plays. For example, selling if support breaks using a Sell-Stop order, and the reverse if resistance breaks.

thank you SM02 for you answer.
Support and resistance are something great.
By the way i wrote this thread cause i really want to improve to way to understand what is the exactly point of support resistance where price reverse, i know it's almost impossible.
But i wanna try...
Maybe with Volume?? Somebody use it to optimize the reverse point?

What i hate is that often i place a sell or buy limit order in a high low candle point, price reach that support resistance zone but it dont hit my price, maybe he touch one or two pip above my order before to reverse, and i understood the direction but i was not hit.
I'm looking for something to improve to understand better where it can exactly reverse.