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I think, resistance is must needed to entry to a trade for good traders. before entry to a trade calculate the support and resistance may bring some pips. and before entry to a trade calculate the support and resistance may bring some pips.
I think, resistance is must needed to entry to a trade for good traders. before entry to a trade calculate the support and resistance may bring some pips. and before entry to a trade calculate the support and resistance may bring some pips.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
yes it is good to keep an eye on support and resistance level......... i always draw few horizantal lines most of the time on long term chart.......... like daily and weekly and sometime monthly........
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Thanks for shareing this, if you shareing picture with details we can undustrod better, do you use this stratagy if you use this how much profitable for you please share with us. Again thanks.
Last edited by Kamranchy; 2013-01-11 at 11:11 AM.
I think if a trader can concentrate on implementing his trades at high probability support and resistance areas, he can very much increase the accuracy of his Forex account. So this considered as one of the most effective way of Forex trading.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Mostly this type of trading is only based on being good trader in the market and that way we can say that all is well when we are earning with the gambling setions.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
i believe that support and resistance is merely points of which price failed to firmly break simply throughout previous trading sessions. the massive the time frame on that the support purpose seems, the sturdy the support. support and resistance act like psychological barriers...
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
haan isme suport aur residnece bahut importent hai last tak hume isse samghne ki zroorat hoti hai ke baar hum suport ke baaad hum fals ke liy bhi trae laga sakten hain usme bhi hum kam se kam 20 pip ka profit nikaal sakten hain .Originally Posted by dareking
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
yes ,at support and resistance level we can earn good money but some time at this level w can lose money due to false breakout and that is why we must trade on real break out to earn good money .
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Support aur resistance ka roll hi sabse bada forex market mein raha hai, is level par trader ko puri tarah se ready hona chahiye, true breakout se lekar false breakout tak ka dheyan trader ko dena padta hai.
Sabka Malik Ek
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this is good thread, I ask permission to go learn this technique.
but I am still puzzled to determine the value of support and Resistance ...
thanks..
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
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