Support aur Resistance base par trading

[kaisar]

Nice post thanks for sharing. I want to ask how can mementukan its point of resistance and support. because I am still confused? please help me to sought to discover the answer.

[ucang-et]

you hahve sensible experiences for 3 years during this business then you acquired your own individual means for trading, it's sensible to learn the purpose for entry and exit or regarding support and resistance, except for it now we have out to have sensible ability, a few times the trend moves out to continue the breakout after we assume that we both obtain the purpose the trend can move back as entry purpose

[lockprofitfx]

support and resistance is a simple strategy that is very powerful that much. not a lot of rules in decision-making when we trade using the concept of support and resistance, the main rule is only buy at support and sell at resistance. systems used by large traders until now.

[oreoluwa]

well as for me i think the best way to trade and earn profit out of the forex market is when we learn to trade based on the Trading based on Support and Resistance but with Support and Resistance we can get enough confirmation

[naina0966]

Many people disregard technical analysis as a hoax, and in some cases it can very well be. However, in Forex, technical analysis is a vital trading tool, as markets are "blind." What's a blind market? In a market where you cannot see the 'tape' and/or, order size, the market is considered 'blind.' In essence, you cannot see the order flow, or those actually making market, to see where the buying and selling is coming from.

When trading equities, many traders utilize Level II, or Level III quotes, which allow them to see order size coming from Electronic Communication Networks (ECNs - Think Island and Instinet). ECNs are electronic systems that match buying and selling orders anonymously, adding liquidity to equity markets. What's more, on Level II and III quotes, traders can see other market makers (and their size) on both on the inside and outside bid and offer. Really, Level II and III allow traders to see the liquidity of the market. However, in Forex, retail traders do not have the ability to see bid and offer size, or who is willing to buy and sell.

[jawaid123]

Many people disregard technical analysis as a hoax, and in some cases it can very well be. However, in Forex, technical analysis is a vital trading tool, as markets are "blind." What's a blind market? In a market where you cannot see the 'tape' and/or, order size, the market is considered 'blind.' In essence, you cannot see the order flow, or those actually making market, to see where the buying and selling is coming from.

[ucang-et]

support and resistance is merely points for when price failed out to 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 and as long as there's hardly any news impact pushing price, traders tend out to take profit or shut their positions at these points of support and resistance.

[bisifentus]

this is good thread, but the topic starter have been banned, so who want to continue this thread? if no one want, i will make thread like this.

This is never our problem in this forum when one person is banned. If you have any question, all you need to dois to post it, many experienced traders are here to help you get the best solution to them all.

[kaisar]

it's true. many young trader who never experienced anything like this. because of lack of information. and assume that trading would make people rich. and is a trading without the help of any indicator? and to do it how the Open Position?

[Jubel300]

Determine areas of support and resistnace properly requires a long training,so if you advanced,we can use a small sl and can maximize profit.thanks