How to draw the resistance and support line on candle chart. [Archive] - Forex Forum India

ashwini

2012-02-24, 11:54 AM

anubhavsingh

2012-02-24, 01:16 PM

here i share some easiest method to draw the resistance and support line on chart.. its help to trade and also help to given the sl and tp. target.

this is blank chart.. of 1 hr
597

after that u draw the horizontal line with the help of
insert>lines>horizontal line

like this
598

after u can also draw the rectangler , triangle, or ellipse
insert>shapes> triangle..ellipse. rectangle..

u r chart look like this..
600

now i mark the arrow mark .. where u enter
599

with this u can use the exponential moving average of 5period (yellow ), 15 period (red)

601

so its ready now u make know easily where the market is gone and when u exit.. when u enter..

plz share the comment ... how its look like ..

bahut hi achi aur faydemadn post likhi hai apne
forex me har trader ko support aur resistance ke bare me pata hona chahaiye kyyunki ye forex ke basic hai aur isko jane bina forex me trading karna bahut zada risky ho jata hai aur tradres ko bahut zada loss bhi jhelna pad sakta hai..isliye forrex me support, resistance aur pivot point ki jaan kari hona bahut zaruri hota hai

m3x_19

2012-02-24, 02:36 PM

Hey it is a good setting my friend, but i have still some question for this setting: What signal do we use to enter and exit the market? are we use the EMA crossover? or maybe something different? is this setting has been tested so we can use it savely?

Susti

2012-02-24, 05:11 PM

Usually I prefer to use a line chart to draw support/resistance lines instead of the candlestick one. I use candlesticks for other signals but I find that you can see highs/lows more accurately on a line chart.

Also do you change your timeframe when you search for resistance/support levels or do you draw them on the same timeframe that you trade on?

bambang

2012-02-24, 07:42 PM

here i share some easiest method to draw the resistance and support line on chart.. its help to trade and also help to given the sl and tp. target.

this is blank chart.. of 1 hr
597

after that u draw the horizontal line with the help of
insert>lines>horizontal line

like this
598

after u can also draw the rectangler , triangle, or ellipse
insert>shapes> triangle..ellipse. rectangle..

u r chart look like this..
600

now i mark the arrow mark .. where u enter
599

with this u can use the exponential moving average of 5period (yellow ), 15 period (red)

601

so its ready now u make know easily where the market is gone and when u exit.. when u enter..

plz share the comment ... how its look like ..

to see the support and resistance lines usually I use the Fibonacci. do you think, using fibbonanci that correct? because I can not create the support and resistance lines manually, because the I do not know the basis of its

sibali

2012-02-26, 03:54 PM

patil

2012-03-21, 05:28 PM

anubhavsingh

2012-04-05, 10:52 PM

bahut hi achi aur faydemadn post likhi hai apne
forex me har trader ko support aur resistance ke bare me pata hona chahaiye kyyunki ye forex ke basic hai aur isko jane bina forex me trading karna bahut zada risky ho jata hai aur tradres ko bahut zada loss bhi jhelna pad sakta hai..isliye forrex me support, resistance aur pivot point ki jaan kari hona bahut zaruri hota hai

forex ke baiscs ko samjhna har trader ke liye bahut zaruri hota hai..jo traer bina basic ko samjhe trading karta hai usse trading me bahut loss hota hai
jaldbazi me kari hui trading se bahut nuksan hote dekha hai maine

naziafarhan

2012-04-08, 02:10 AM

Thanks for your valuable post this post will help us to find the key areas where the price may find problem to go through or where the price may reverse. Thanks for sharinh it with us. I will follow this thread. Thanks.

Nabi Ahmed Gill

2012-05-11, 06:19 PM

here i share some easiest method to draw the resistance and support line on chart.. its help to trade and also help to given the sl and tp. target.

this is blank chart.. of 1 hr
597

after that u draw the horizontal line with the help of
insert>lines>horizontal line

like this
598

after u can also draw the rectangler , triangle, or ellipse
insert>shapes> triangle..ellipse. rectangle..

u r chart look like this..
600

now i mark the arrow mark .. where u enter
599

with this u can use the exponential moving average of 5period (yellow ), 15 period (red)

601

so its ready now u make know easily where the market is gone and when u exit.. when u enter..

plz share the comment ... how its look like ..

trading main sub sa acha or sub sa best indicator jo mujha lagta ha wo ha candle stick mara ko ya indicator boht he passand ha or main es ko used be kar raha hoon mujaa es ko used kar ka boht sara profit eanred hota ha es laya mujaa ya indicator obht passnad ha.

nurhidayah

2012-05-11, 08:43 PM

okay thanks very much for your time taken to analysis the best point to identify the support and resistance i know all newbies can gain fromthis vital strategy because the support and the resistance are the important area to work on, best of luck as we trade and happy trading

trade that we conducted based on a trading process that we run with every process and procedure we look at every opportunity we can achieve the best possible, so that we as traders should be able to calculate support and resistance points for the better again

ishvara

2012-05-11, 09:25 PM

Thanks, it was a good illustration from you. The application of trend lines has many different ways to achieve that. We should pay close attention to using the one that worls well for us as forex traders.

eoneadit

2012-05-12, 10:35 AM

from what i learn from another mentor, he said that, i should put a /sr line at the price where is was touch 2 or 3 times being touch on high or low. to make easier, i put a zigzag indicator and look in higher time frame. it seem that, those s/r quite valid at the tip of zigzag indicator.

Kites

2012-05-12, 02:47 PM

here i share some easiest method to draw the resistance and support line on chart.. its help to trade and also help to given the sl and tp. target.

this is blank chart.. of 1 hr
597

after that u draw the horizontal line with the help of
insert>lines>horizontal line

like this
598

after u can also draw the rectangler , triangle, or ellipse
insert>shapes> triangle..ellipse. rectangle..

u r chart look like this..
600

now i mark the arrow mark .. where u enter
599

with this u can use the exponential moving average of 5period (yellow ), 15 period (red)

601

so its ready now u make know easily where the market is gone and when u exit.. when u enter..

plz share the comment ... how its look like ..

Yes my brother, but in a line chart we can find support and resistance lines using RSI indicator, the RSI indicator give good highs or lows with more precision and they are very clear, there are also other methods to find these points using tracking trends.

waleedkhan

2012-05-12, 09:44 PM

here i share some easiest method to draw the resistance and support line on chart.. its help to trade and also help to given the sl and tp. target.

this is blank chart.. of 1 hr
597

after that u draw the horizontal line with the help of
insert>lines>horizontal line

like this
598

after u can also draw the rectangler , triangle, or ellipse
insert>shapes> triangle..ellipse. rectangle..

u r chart look like this..
600

now i mark the arrow mark .. where u enter
599

with this u can use the exponential moving average of 5period (yellow ), 15 period (red)

601

so its ready now u make know easily where the market is gone and when u exit.. when u enter..

plz share the comment ... how its look like ..

bohut he achi fundamental ki wi hai app na
is say hum kafi kuch seekh sakta hain agar humaya chahain tu
agar app kay pass aur knowledge hai tu please humara sath share karain

forex@meta4

2012-05-13, 03:59 AM

thanks very much for your time taken to analysis the best point to identify the support and resistance i know all newbies can gain fromthis vital strategy because the support and the resistance are the important area to work on, best of luck as we trade and happy trading

adam88

2012-05-13, 11:38 AM

ashwini

2012-05-27, 02:58 PM

yap .. resistance and support centre ke liye .. bahut sare .. system hain.. jaise maine yahan kia hain.. draw karke.. yaa fir .. app web sites se pivot points follow kar sakte ahin. ..ya fir khud calculation kar sakte hain. calculation main bhi do se teen kisam ka calculation hain.. jiske sahare app easily trade kar sakte ahin.

nurhidayah

2012-05-27, 04:03 PM

Support and resistance points that you can portray in the chart by relying on technical analysis or by drawing on Fibonacci is one of the strongest ways in which you define support and resistance points on the chart and a lot of traders depend on them

however, the use of support and resistance points should also be adapted to the trend in open position so that we are either in open pending order or a direct placement position is wrong and we can produce benefits commensurate with the trading process that we run

Maham Gill

2012-05-29, 06:00 PM

here i share some easiest method to draw the resistance and support line on chart.. its help to trade and also help to given the sl and tp. target.

this is blank chart.. of 1 hr
597

after that u draw the horizontal line with the help of
insert>lines>horizontal line

like this
598

after u can also draw the rectangler , triangle, or ellipse
insert>shapes> triangle..ellipse. rectangle..

u r chart look like this..
600

now i mark the arrow mark .. where u enter
599

with this u can use the exponential moving average of 5period (yellow ), 15 period (red)

601

so its ready now u make know easily where the market is gone and when u exit.. when u enter..

plz share the comment ... how its look like ..

yar ya indicator muja bilkul be acha nahi lagta ha q k mian es ko ak to used he nahi karta hooon or dosara main es main kafi knowledge earned nahi kar rha hoon es lya to main trading main boht sara loss be earned karta hon or profit be earned karta hon.

joru

2012-05-30, 02:21 PM

bohut he achi fundamental ki wi hai app na
is say hum kafi kuch seekh sakta hain agar humaya chahain tu
agar app kay pass aur knowledge hai tu please humara sath share karain

puri

2012-06-03, 10:51 PM

trading main sub sa acha or sub sa best indicator jo mujha lagta ha wo ha candle stick mara ko ya indicator boht he passand ha or main es ko used be kar raha hoon mujaa es ko used kar ka boht sara profit eanred hota ha es laya mujaa ya indicator obht passnad ha.

syedraza

2012-06-05, 05:18 PM

ashwini

2012-06-05, 06:43 PM

yeh pahli baat koi indicator nahi hain.. app khud draw karenge.. candle stick chart main higher and lower level ko dekh kar. so .. yahan false signal ki koi sawal nahi uthta. so koi bhi yeh kar sakta hain. aur easily .. trading karne waqt .. easily anayliss kar sakte hain ki next movement kanha tak ja sakta hain.

abdillahikbal

2012-06-05, 07:44 PM

To rely on technical analysis support and resistance points, control or Fibonacci support and resistance points, one of the most powerful ways of being able to imagine many traders rely on you and can be identified on the chart for them.

what does this mean sir? what and how to read this system? when the system does sir wear has never suffered a loss or only appropriate use for trading ddemo account only? if allowed to be whether I use this trading system sir?

hardworks

2012-06-05, 10:26 PM

I will draw support and resistance lines using zigzag indicator itself. Just draw a straight line in tops and bottoms of the zigzag indicators. And then the bottoms as support and ups are resistance, this will get changed according to the market movement. There are so many methods to draw support and resistance lines, just try that also.

monkedelofi

2012-06-06, 12:04 AM

here i share some easiest method to draw the resistance and support line on chart.. its help to trade and also help to given the sl and tp. target.

this is blank chart.. of 1 hr
597

after that u draw the horizontal line with the help of
insert>lines>horizontal line

like this
598

after u can also draw the rectangler , triangle, or ellipse
insert>shapes> triangle..ellipse. rectangle..

u r chart look like this..
600

now i mark the arrow mark .. where u enter
599

with this u can use the exponential moving average of 5period (yellow ), 15 period (red)

601

so its ready now u make know easily where the market is gone and when u exit.. when u enter..

plz share the comment ... how its look like ..

Usually I prefer to use a line chart to draw support/resistance lines instead of the candlestick one. I use candlesticks for other signals but I find that you can see highs/lows more accurately on a line chart.

Also do you change your timeframe when you search for resistance/support levels or do you draw them on the same timeframe that you trade on?

newentry

2012-06-10, 07:59 PM

well, for this, it needs good ability to use this way and i see that you got the understanding about it with very well,
so i will follow your thread here and i interest with your strategies

yulianto470

2012-06-10, 08:23 PM

I think your information is good but i think we can draw the support and resistance including some bottom point and some top point these things will help us to draw a very good supports and resistance but we cannot draw any line with pressure.
despite being able to determine the highest point and lowest point of the analysis is less suitable sometimes when entering the market.
and most importantly, the durability of capital in the forex and money management are right that we are not to big losses

nurivasyarifah

2012-06-10, 09:31 PM

I think we just need to put the indicator without having to make your own by drawing the highest and lowest point of each candle, and if we do not have it then do browsing indicators to look for these indicators.

mukta

2012-06-10, 10:01 PM

First find the high point and low point of candle chart.Draw a bar in high point and draw a bar in low point.The high point is the resistance and low point is the support.Its work wonderfully.

maulana

2012-06-13, 09:38 AM

i got some problem when i draw trendline in my chart... i think it is hardly for me... but, i found shi channel mtf indicator in my folder... then sometimes i use it i got problem while drawing trendline... do you it is okay....?

ashwini

2012-06-13, 04:51 PM

yes support and resistance are very usefull .. always make this on daily time frame basis.. and trade. on lower time frame like 30mnts or 1hr , 4hr time frame. so u know the daily resistance and support line. if u add the trndline indicator on lower time frame then its more profitable. cause u r not wait for resistance or support line break out.. u wait for trendline breakout.

purohit

2012-06-17, 03:06 PM

ayakcalysta

2012-06-29, 01:34 PM

Now a days there are lot of indictors available that can draw line automatically but i prefer to draw manulayy for this i look on my screen and after that i draw line for two low points and also for two high points.

it is true pack, now there are many indicators in the forex business we run. if you give it the indicator is very effective to be incorporated in our trading business then I also will use the indicators you use. thank you

kajole

2012-07-01, 02:53 AM

here i share some easiest method to draw the resistance and support line on chart.. its help to trade and also help to given the sl and tp. target.

this is blank chart.. of 1 hr
597

after that u draw the horizontal line with the help of
insert>lines>horizontal line

like this
598

after u can also draw the rectangler , triangle, or ellipse
insert>shapes> triangle..ellipse. rectangle..

u r chart look like this..
600

now i mark the arrow mark .. where u enter
599

with this u can use the exponential moving average of 5period (yellow ), 15 period (red)

601

so its ready now u make know easily where the market is gone and when u exit.. when u enter..

plz share the comment ... how its look like ..

wow very nice dear .thanks very much it is very helpful for us in this way we can find the support and resistance in the market and also we can set take profit and stop loss easily and it can make our trades less risky.

darksaimon

2012-07-11, 01:48 PM

i think this is a favourable service my friend, but i hump ease whatever interrogative for this mounting: What signalize do we use to succeed and move the industry? are we use the EMA elector? or maybe something different? is this stage has been proven so we can use it safely?

dhiraj

2012-07-17, 01:36 PM

forex ke baiscs ko samjhna har trader ke liye bahut zaruri hota hai..jo traer bina basic ko samjhe trading karta hai usse trading me bahut loss hota hai
jaldbazi me kari hui trading se bahut nuksan hote dekha hai maine

uttkal

2012-07-17, 01:52 PM

Really good post for all traders its very simple to understand any one. By the way today we have already use many ready made indicators which can done all this work for you.
keep teaching please your explanation is very easy.

kazaforex

2012-07-18, 04:54 AM

I personally use the high and low. I think what is most important is to identify the area where the prices bounce on ... and treated as an area of support and resistance instead because the market is not perfect ... it just find the rite of support and resistance on the line of support and resistance.

sammypt

2012-07-18, 05:00 AM

i think using ema 5 and ema 34 ill give u bether entry and exit points , wiht the help of Resistence and suport drawned u can play with the SL

suresh

2012-07-20, 10:39 PM

biyen

2012-07-24, 11:12 AM

It is important to remember that the support and resistance levels are not actually exact numbers. Sometimes support or resistance levels may appear to be broken but it soon becomes apparent that the market was just testing it. Candlestick charts show shadows that represent these support and resistance levels.

sharabela

2012-07-24, 12:29 PM

Thanks a lot for this sharing. I am sure this is going to work for us since it seems and sounds very clinical. I am definitely going to give it a try and if I have any questions, I will come back to you. I am thanking you again for your awesome post like this.

The Sniper

2012-07-24, 04:01 PM

bahut hi achi aur faydemadn post likhi hai apne
forex me har trader ko support aur resistance ke bare me pata hona chahaiye kyyunki ye forex ke basic hai aur isko jane bina forex me trading karna bahut zada risky ho jata hai aur tradres ko bahut zada loss bhi jhelna pad sakta hai..isliye forrex me support, resistance aur pivot point ki jaan kari hona bahut zaruri hota hai

Also, do you change your calendar when you search for resistance / support levels or do you draw them on the same amount of time that you trade on?

cozard007

2012-07-25, 06:06 PM

The fact that you are a trader should have made you know that in forex market, there are lost of trading posibilities, i mean traders can use many thing for the supports and resistance really, some are 200SMA, PIVOT POINTS, BOLINGDER BAND LINES AND THE REST, THEY ARE ALL GOOD.

sammy

2012-07-26, 11:08 PM

to draw a trend line at a uptrend join the bottoms of 2 or more than two higher lows.. and for downtrend join two or more than two lower highs. you can draw a parallel line and make trend channels also.

tenma

2012-07-29, 04:27 AM

I will add. You can also draw a straight line that connects the gradient peaks one to another peak occurs when the trend to form the area of the reseistance, and also draws a line from the Valley to the Valley as a trend forming the support area

I did not find much help here that the wire manufacturer does not tell us how to identify support and resistance lines. He just told us to draw horizontal. I would like to know if we will use the pivot points for the RS or if we find them on the map. I would appreciate if someone explains clearly

forexmaster

2012-08-23, 08:53 PM

I did not find anything much useful here as the thread maker does not tell us how to identify support and resistance lines. He just tell us to draw horizontal lines. I would like like to know whether we will use pivot points for SR or we need to find them on chart. I would appreciate if someone explains this clearly.

There is no fixed rules that we have to use candle's wick for our top & bottom, instead i recommend to use combination of it.. this is because there are alot of traders out there that only use LINE GRAPH which shows only the OPEN & CLOSE of the price not the wick.

Back to the chart, assume that I dont know what is going to happen next.. so what i will do next is to draw support and resistance lines. The more the line is being retest the stronger the line will be, no matter it is just being retested by the wick of the candle or open/close of the candle.

mcceducation

2012-08-24, 10:02 PM

i think its very nice share but i am not very good understand you say, because you are share here how to draw resistance line in the candle stick chat but you are only draw a horizontal line is it end of the resistance line, so please explain details.

rahim

2012-10-12, 11:42 PM

ishvara

2012-10-13, 02:34 AM

richat

2012-10-14, 01:22 PM

forex me har trader ko support aur resistance ke bare me pata hona chahaiye kyyunki ye forex ke basic hai aur isko jane bina forex me trading karna bahut zada risky ho jata hai aur tradres ko bahut zada loss bhi jhelna pad sakta hai..isliye forrex me support,

aisfx

2012-10-18, 04:58 AM

Exactly what I just like about stock chart happen to be the candlesticks that come with them. Look at your on the web stock broker to view their stock trading platform for the candle sticks. Candlesticks are great signs to view which solution a stock is going to go. There are various sorts of candlesticks to seek. Some of them are bullish engulfing marks, hammers, as well as 3 white soldiers. These happen to be all remarkably uncomplicated to spot as well as effortless to trade. I just like to trade these and market them part of my stock currency trading plan.

With forex pivot system we can use the support and resistance in the market automatically with wear indicator pivot point, because the level of support and resistance is a movement that can be used as a basis for analysis and an open position

aisfx

2012-10-19, 06:01 AM

I did not find much help here that the wire manufacturer does not tell us how to identify support and resistance lines. He just told us to draw horizontal. I would like to know if we will use the cfor the RS or if we find them on the map. I would appreciate if someone explains clearly

Always use a money management and trading plan, to strengthen the analysis of the movement of foreign exchange before the open position, the learning process of trading takes time to be successful and profit consistently, never stop learning trading for open positions

shanmun

2012-10-19, 08:25 AM

the thread maker does not tell us how to identify support and resistance lines. He just tell us to draw horizontal lines. I would like like to know whether we will use pivot points for SR or we need to find them on chart.

nasim39

2012-10-19, 08:59 AM

I use candlesticks for other signals but I find that you can see highs/lows more accurately on a line chart.

CreolaPitaj

2012-10-19, 10:24 AM

Determine right side of Forex trend makes right trade to right direction. Unfortunately most of the time new Forex traders even traders with experience catch the wrong side and eventually they loose money and miss the opportunity. This happens often and every time if you do not learn where you have made a mistake, you are never going to learn - how to find right direction and how to follow it to trade.
So let us talk about Forex trends and Forex candlestick chart patterns. Because Forex moves and candlestick price actions are very inter-connected and we should have some basic knowledge about it. to find Forex movement side, always start with weekly and overall direction and generally draw horizontal support and resistance line where in the past price action had happened. This gives me an idea the importance of those areas. After weekly trend line I would change the chart time frame to daily chart. In this daily chart i would like to see the most current side of the trend within the long term weekly established trend. Daily charts directions are determined by drawing the trend-lines and short term moving averages as a trend-lines(I use 20-50 EMA). Direction of moving average gives me an estimate of trend direction and slope of trend lines and EMAs give me average strength of that trend. So in short direction of moving average and trend line is the direction of current trend.

aisfx

2012-10-20, 11:22 AM

I use candlesticks for other signals but I find that you can see highs/lows more accurately on a line chart.

every forex trader should be able to analyze the pattern candlestick patterns trend, because the important thing in trend, use an appropriate time frame, the best way to train and to be able to master the trend pattern candlestick patterns, select the pair is a demo account with a strong trend

ashwini

2012-10-27, 11:23 AM

with the use of support and resistance indicator or pivotpoint retracement, or or pivotpoints indicator, or manually draw the support and resistance line on candlestick or line chart. any thing you do..its very very helpfull to anaylis the market movement. so you must learn this.. and also use the candlestick pattern so easily take some good decision.and make continue profit.

atiqrehman

2012-10-31, 12:59 AM

nice post with this post newbie can learn many useful things from it point of entry and point of exit is very important in Forex field if you control these points you will never lose in Forex but Forex is unpredictable For setting of small targets is great earning in Forex

ObaFX

2012-10-31, 02:36 AM

drawing support and resistance is not a difficult thing, the problem is knowing which of this supports or resistance lines will really hold and turn price around because some support or resistance will only hold price for a while then let price go through.

abnoman

2012-11-01, 02:49 AM

alright very nice topics . i have learned many knowledge from this chart. so than u very much for giving this information.

Thanks

Gatu

2012-11-01, 03:00 PM

Impressive

Khan Mustafiz

2012-11-01, 03:02 PM

I want to use a range data to sketch support/resistance collections instead of the wax light one. I use candlesticks for other alerts but I discover that you can see highs/lows more perfectly on a range data.Also do you modify your period of time when you look for for resistance/support stages or do you sketch them on the same period of time that you business on?

asmakhatun

2012-11-22, 03:07 PM

I did not gestate anything more effectual here as the rib concern does not assert us how to distinguish concur and condition lines. He rightful bowman us to attracted crosswise lines. I would similar equal to couple whether we faculty use parader points for SR or we status to attain them on chart. I would apprise if someone explains this understandably.

nana12

2012-11-25, 05:31 PM

how to draw the ratio and forex trader ke baiscs ko jaldaji me kari hui and the forex is a good work and in the world running. i like to forex trader work. it is easyly work.

Khan Mustafiz

2012-11-25, 05:32 PM

Here I did not discover anything much useful here as the line manufacturer does not tell us how to recognize assistance and level of resistance collections. He just tell us to sketch collections of horizontally type. I would like like to know whether we will use rotate factors for SR or we need to discover them on data. I would appreciate if someone describes this clearly.

naina0966

2012-11-25, 07:16 PM

I have few trading friends asking me how to draw a correct S/R lines, well, to tell you the truth..it is not for us to decide whether the S/R is CORRECT or WRONG, its for the BID DOG out there..because they are the one who control the price not us..unless u trade million of dollars account ^^

Let see some example here, if this is my chart...

#1 Draw S/R lines

There is no fixed rules that we have to use candle's wick for our top & bottom, instead i recommend to use combination of it.. this is because there are alot of traders out there that only use LINE GRAPH which shows only the OPEN & CLOSE of the price not the wick.

Back to the chart, assume that I dont know what is going to happen next.. so what i will do next is to draw support and resistance lines. The more the line is being retest the stronger the line will be, no matter it is just being retested by the wick of the candle or open/close of the candle.

Now i got my Support & Resistance line...what i will do next is to wait. Wait untill either one of the line is being broken, if it breaks the support then i will set a sell limit, if it breaks the resistance then i will put on buy limit...

LET SAY...IT BREAK THE SUPPORT...

Set SELL LIMIT at the S/R line, SL about 20-25 pips , TP and you are done...

HERE IS ANOTHER VERSION:

see which line it breaks...If it break Support then look for sell, it resistance look for buy...

but then..it breaks support line...so..look for sell setup..

Sell limit triggered and using the same technique again...you can even add additional position..

See how much you can get while only risking 40 - 50 pips?? that will be at least 200 - 300 pips moves.

TIPS:

This method is good when the market is trending therefore, only trade after EUROPE is open, dont...dont ever trade during ASIA session as there will be alot of false breakout more than true breakout.

Get the highest probability trading setup...look for double top/bottom pattern and wait for the breakout of this pattern...

S/R is the most important tools here..practice practice and practice, you will get used to see this pattern in a while.

Losing trades are inevitable even for the most experienced trader...
If you got wrong..be cool and calm...REMEMBER THAT everyone do get wrong sometime...

I got around 60% -70 % winning percentage, which mean in 100 trades i will get wrong almost half 40 trades. You will definitely do better than me...

CHEERSS...!!
Posted by Alex Chan at Sunday, January 04, 2009
Labels: My Trading System

skyonline7866

2012-11-26, 10:32 PM

dareking

2012-12-08, 04:54 PM

bahut hi achi aur faydemadn post likhi hai apne
forex me har trader ko support aur resistance ke bare me pata hona chahaiye kyyunki ye forex ke basic hai aur isko jane bina forex me trading karna bahut zada risky ho jata hai aur tradres ko bahut zada loss bhi jhelna pad sakta hai..isliye forrex me support, resistance aur pivot point ki jaan kari hona bahut zaruri hota hai

bilkul bhai, forex mein support aur resistance basic taur par hoti hai, aur har jagah aur trader se hum support aur resistance ke bare mein sunte hai, aur main ye kahna chahunga, ki agar trader iske bare mein jaan lete hai, to support aur resistance ka achcha trader ban sakta hai.

naziakhan

2012-12-08, 06:30 PM

bilkul bhai, forex mein support aur resistance basic taur par hoti hai, aur har jagah aur trader se hum support aur resistance ke bare mein sunte hai, aur main ye kahna chahunga, ki agar trader iske bare mein jaan lete hai, to support aur resistance ka achcha trader ban sakta hai.

support and resistance level are very important for a forex trader and if a trader able to trade on this level then he/she can earn good money but it required good hardworking and also you have to take experience by trade on real account .:)

HaQi

2012-12-09, 08:51 PM

to actually rely on technical analysis support and resistance points, management or fibonacci support and resistance points, one in all the foremost powerful ways from being able to imagine several traders rely on you and might well be identified by the chart to the confident people.

Hasanman

2012-12-10, 09:19 PM

it was a good illustration from you. The application of trend lines has many different ways to achieve that. We should pay close attention to using the one that worls well for us as forex traders.

jefricha

2012-12-13, 10:04 AM

i'll draw support and resistance lines using zigzag indicator itself. barely draw a straight line in tops and bottoms on your zigzag indicators. then the bottoms as support and ups are resistance, this'll get modified in keeping with the market movement. there are so minimally several strategies to actually draw support and resistance lines, barely attempt that conjointly.

dareking

2012-12-13, 12:37 PM

support and resistance level are very important for a forex trader and if a trader able to trade on this level then he/she can earn good money but it required good hardworking and also you have to take experience by trade on real account .:)

haan sahi kaha is level par achcha paisa kama sakte hai, lekin support aur resistance line draw karna sabhi ke bas ki baat nahi hoti hai, kafi trader false line draw karte hai, aur galat signal par galat order laga dete hai.

jawaid123

2012-12-13, 03:49 PM

main is forum main new aya hoon or main na abi tak thori both trading ke ha mara both bara bad experience hoa ha main na ak den min apna account khali kar daya ha main na
order zadia kar day or market both low ho ge or is tara mara bonus zero zero ho ga or ab main sirf posting he kar raha hoon trading nahi kar ha.

naziakhan

2012-12-13, 03:52 PM

haan sahi kaha is level par achcha paisa kama sakte hai, lekin support aur resistance line draw karna sabhi ke bas ki baat nahi hoti hai, kafi trader false line draw karte hai, aur galat signal par galat order laga dete hai.

support and resistance is very helpful for a trader but we can not know the exact breakout of support and resistance ,if we do not have good experience and if we want to find a real breakout then we should practice on demo account more and more.:)

sulasih

2012-12-13, 11:28 PM

kowalsky1988

2012-12-13, 11:41 PM

That's great

determine the areas of supply and demand is essential to determine the trend of a market is bullish or bearish

where the buyer or seller trend occurring

depiction way you convey good

thanks

ramjan

2012-12-14, 12:18 AM

This is nice topic for us. if we want to follow this system. but now i am using Fibonacci tools for identifying support and resistance . you can use this system. that is good.

oreoluwa

2012-12-14, 04:43 AM

alright thanks very much on the best information you have given out on How to draw the resistance and support i know this will really help go a very long way to all newbies in the understanding on how to draw resistance and support

suhermanto

2012-12-21, 10:12 AM

nabila

2012-12-22, 10:42 AM

Ordinarily I favor to use a origin represent to kill support/resistance lines instead of the holder one. I use candlesticks for separate signals but I make that you can see highs/lows writer accurately on a contrast represent.

Jatal

2012-12-23, 05:06 PM

I think without complication you can determine the resistance by combining two or three high points similar for past time and draw a line so this is a resistance and vice versa for support. or you can determine them by using bollinger band.

milan

2012-12-23, 05:20 PM

I consider without development you can influence the opposition by union two or triplet squeaking points same for last dimension and gain a pedigree so this is a action and evilness avers for reason. or you can cause them by using lingering banding.

dollar

2012-12-23, 05:40 PM

support and resistance are basic need to trade. every trader use these for trading.
and drawing support and resistance is not too hard task. you can draw it with using the trend line and other type of line.

dareking

2012-12-23, 05:46 PM

support and resistance is very helpful for a trader but we can not know the exact breakout of support and resistance ,if we do not have good experience and if we want to find a real breakout then we should practice on demo account more and more.:)

Sabhi strategy mein false breakout hota hai, support aur resistance mein bhi aisa hota hai, lekin ye point hume sahi entry point dete hai, aur exit point bhi, ismein false breakout hone ka chance kafi kam hota hai, carefully trade karna padta hai.:)

earn4learn

2012-12-23, 07:18 PM

first find out u preffer h4 or h1 or which time frame i prefer h4 and look for daily chart also if h4 and daily chart candle give same support or resistance line than that will be good entry point

naziakhan

2012-12-23, 07:27 PM

Sabhi strategy mein false breakout hota hai, support aur resistance mein bhi aisa hota hai, lekin ye point hume sahi entry point dete hai, aur exit point bhi, ismein false breakout hone ka chance kafi kam hota hai, carefully trade karna padta hai.:)

yes almost every strategy give us false break out but if we did practice on demo account then we can know the draw backs of that system easily and we can trade carefully in real account .it all depend on your hardworking and practice.:)

sofeenevu

2012-12-23, 08:03 PM

Nice info and the images explanations are really help me to understand. Manual indicator setup sometimes quite harder for the newbies. So will you share any indicators which will automatically doing these things?

taimur15

2012-12-23, 08:26 PM

first find out u preffer h4 or h1 or which time frame i prefer h4 and look for daily chart also if h4 and daily chart candle give same support or resistance line than that will be good entry point

i think h4 se ziayda acha h1 hai aur ye sub se best hai aur mostly trader yehi use krte hain. aur ye ziayda acha is liye hai k ye good signals deta hai.aur ye sub k liye bohat hi eham hota hai.

reazforex

2013-01-13, 11:05 AM

We can radiate Support and resistance levels in the chart via trusting on specialized analysis or via attracting about Fibonacci is the strongest way in which somebody decide to draw support and resistance levels during the chart and also a lot regarding traders rely on these levels.

margono

2013-01-13, 11:21 AM

here i share some easiest method to draw the resistance and support line on chart.. its help to trade and also help to given the sl and tp. target.

this is blank chart.. of 1 hr
597

after that u draw the horizontal line with the help of
insert>lines>horizontal line

like this
598

after u can also draw the rectangler , triangle, or ellipse
insert>shapes> triangle..ellipse. rectangle..

u r chart look like this..
600

now i mark the arrow mark .. where u enter
599

with this u can use the exponential moving average of 5period (yellow ), 15 period (red)

601

so its ready now u make know easily where the market is gone and when u exit.. when u enter..

plz share the comment ... how its look like ..

how to draw a line that is very useful and very beneficial to any trader that trades in forex, I really hope that all traders do it this way to anticipate that the successful traders trade:accute::accute::accute::accute:

dareking

2013-01-13, 01:31 PM

i think h4 se ziayda acha h1 hai aur ye sub se best hai aur mostly trader yehi use krte hain. aur ye ziayda acha is liye hai k ye good signals deta hai.aur ye sub k liye bohat hi eham hota hai.

sabhi time frame best hote hai, lekin har kisi ka apni strategy ke according hi time frame select kiya jata hai, kabhi kisi bhi trader ko ye nahi kah sakte hai, ki ye time frame achcha hota hai, ya fir ye bekar hota hai.:)

oreoluwa

2013-01-13, 01:36 PM

alright thanks very much on your analysis on how to draw the resistance and support line on candle chart but i think we just have to take much of our time to get the very best direction of the trend before we can draw the resistance line

naziakhan

2013-01-13, 02:09 PM

sabhi time frame best hote hai, lekin har kisi ka apni strategy ke according hi time frame select kiya jata hai, kabhi kisi bhi trader ko ye nahi kah sakte hai, ki ye time frame achcha hota hai, ya fir ye bekar hota hai.:)

yes ,every trader us time frame acording to its strategy if a trader is scalper then he will use the short time frame but if a trader is swing trader then he must use long time frame to get good signal .:good:

royciputra

2013-01-13, 02:35 PM

There were 4 (three) ways to determine Support and Resistance are:

1. Highest and lowest point in a period.

The period chosen should not be too long so that the range of support and ressistance not too big but also not be too short so make it difficult to determine when to take a position since the distance between the Sup-Res is too short.
2. Simple Moving Average Period of the Great

This indicator is typically used to predict the trend of price movement.
3. Fibonacci Retracement.

Fibonacci Retracement is one branch of technical analysis using Fibonacci sequence. Fibonacci Analysis was aimed to determine support and resistance point price movement. This time we will only discuss the first variant as well as the most basic of which is the Fibonacci Retracement Fibonacci.
4. Pivot Points Method

ishvara

2013-01-13, 02:57 PM

mediafxx

2013-01-13, 06:17 PM

The trend line is the simple tool that we could use to achieve that in forex trading business. Just check the desired time frames and find the highest highs and the lowest lows and then simply use them as support and resistance.

its easy Forex strategy determine Support and Resistance use pivot indicator to analyse market in dailly trade analyse discipline properly Support and analyzes the movement learning strategy trading Resistance line

taimur15

2013-01-13, 07:22 PM

first find out u preffer h4 or h1 or which time frame i prefer h4 and look for daily chart also if h4 and daily chart candle give same support or resistance line than that will be good entry point

aap ki bt theek hai lekin aap ki apni strategy k mutabiq her trader ki ki apni strategy hoti hai aur usi k mutabiq un ko time frame use krna hota hai . koi bhi time frame wrong ys bad nhi hai sub same hai lekin strategy sub ki alag bnti hai.

ahda

2013-01-14, 08:25 AM

here i share some easiest method to draw the resistance and support line on chart.. its help to trade and also help to given the sl and tp. target.

this is blank chart.. of 1 hr
597

after that u draw the horizontal line with the help of
insert>lines>horizontal line

like this
598

after u can also draw the rectangler , triangle, or ellipse
insert>shapes> triangle..ellipse. rectangle..

u r chart look like this..
600

now i mark the arrow mark .. where u enter
599

with this u can use the exponential moving average of 5period (yellow ), 15 period (red)

601

so its ready now u make know easily where the market is gone and when u exit.. when u enter..

plz share the comment ... how its look like ..

Very helpful. But, is there any rules to draw a support / resistance line? or maybe just free line draw, as far as it at the bottom of a low body of a candle? explain please. thanks

dimaz99

2013-01-14, 09:43 AM

I suppose your information is corking but i anticipate we can attraction the reason and action including whatever bout quantity and few top mend these things instrument ameliorate us to take a rattling virtuous supports and action but we cannot remove any communicating

alibabafx

2013-01-14, 09:51 AM

Good info and pictures explanation really helped me to understand. Indicator manual setting is sometimes quite difficult for beginners. So will you share each indicator that will automatically do these things? thank you

Mas

2013-01-14, 12:55 PM

very nice hosts so that we can imitate the way you give it, and I can also get the new science of you who are willing to share in this way, I will use this way to make sure I am the way I am betting that now is still a mess

ahda

2013-01-21, 08:11 PM

Well, where is TS, why still doesn't come back. i think, there is actually a rules to draw a support or resistance line. A rules to identify support or resistance level.
even as i know, each time frame has its support and resistance level. So, the different Time frame has a different Support and resistance lie too.
How about this TS (@ashwini) ?

manikah

2013-01-21, 09:28 PM

Previous time I never try to draw this kind of line.I only depend on price action and my trading strategy but from this topic I got some idea about to drawing support and resistance level.Now I will try to draw this kind of line.First I need to identify the pivot point then try to draw line.If you write again about this topics in details ,it will more effective for us.

ahda

2013-01-21, 10:01 PM

This is quite a nice trading tutorial that we can all make good use of in forex. The support and resistances in forex cannot be ignored because it truly gives a trader the best entry and exit points to trade forex markets with.

Yes, you are right Mod. By the way, how is the exactly a best way to dram a support and resistance? This thread teach us to draw line on a low point of a tidy candle in line. and the opposite is resistance. but, i frequently got explanation to draw line in body of candle. which one is right? on shadow or body candle?

abiodun

2013-01-22, 04:13 AM

well based on my experience in forex market the best way to draw the resistance and support line is by identifying the double point in the chart the get the breaking of the line by using fibo indicator

runu

2013-01-22, 08:48 AM

Usually I favor to use a genealogy chart to entertainer support/resistance lines instead of the holder one. I use candlesticks for different signals but I exploit that you can see highs/lows Solon accurately on a billet chart.

hatien

2013-01-23, 07:39 PM

you outline them at the same time you operate on? In addition to time you modify your time when you look for resistance / support period .... I use candles for the warning, but I found out that you can see the high / low data perfectly on a range ... I want to use multiple data to sketch support / resistance instead of wax light collection.

vikasudasi

2013-01-23, 07:48 PM

draw support and resistance lines of zigzag indicator alone. Draw a straight line only at the top and bottom of the zigzag indicators. And then, as the bottom support and resistance are ups, this will change depending on the movement in the market. There are many ways to draw support and resistance lines, just try that too.

---------- Post added at 02:18 PM ---------- Previous post was at 02:15 PM ----------

as support and resistance are very helpful .. always a time frame on a daily basis .. and trade. within less time as 30mnts or 1HR time, 4 hours. so u know everyday resistance and support lines. if u add trndline lower rate for its most profitable. cause ur not wait for the line to break the resistance or support .. or wait for the break of trendline.

Rizwan

2013-01-24, 12:30 AM

Agar manuly chart pe support Resistance levels apply krny hoon to chart ko daily time fram pe rakh kay levels lgaye ja sakty hain us kay bad 4 hours main recheck ker kay kisi bht time fram pe use kiya ja sakta hai wo chart

rakin

2013-01-24, 01:25 AM

forex me har trader ko support aur resistance ke bare me pata hona chahaiye kyyunki ye forex ke basic hai aur isko jane bina forex me trading karna bahut zada risky hor maybe something different? is this setting has been tested so we can use it savely? Usually I prefer to use a line chart to draw support/resistance lines instead of the candlestick one. I use candlesticks for other signals but I find that you can see highs/lows more accurately on a line chart.

fakibaji2

2013-01-24, 01:27 AM

. The use of candles for the other to register, but I think you'll see the treble/bass, in particular with a view to a line chart. And resistance in General, with the help of Fibonacci lines. Do you think Fibonacci, or to the right? because the support and resistance lines, cannot be created, because I don't know at the bottom of the Insert. In addition, you can draw a line linking the Summit usually occurs when the peaks of the resistance in the form of search, and you can also draw a line in the Valley known as the Valley, which forms a

abiodun

2013-01-24, 05:45 AM

that is the right way to go about drawing the resistance and support and also you need to get a clear break out before you place your order thats the best way i know we can trade the resistance and support

nhatban

2013-01-24, 03:14 PM

I would appreciate if someone described this clearly .... I'd like to know whether we will use rotating elements for SR or we need to detect them on the data ... He showed us the outline of horizontal collection .... how to recognize the support and the level of resistance collection ... Here I have not found anything more useful is that the manufacturers do not tell us

alyba

2013-01-29, 08:42 PM

also very much related to traders based on the resistance level .... in the charts ... that someone decided to withdraw support ... through attracting about Fibonacci is the most powerful way ... resistance in the rankings through trust in specialized analysis

jonyrhm

2013-01-29, 09:04 PM

Begin with opening a forex trading account at a prestigious company. FX online trading companies normally differ from stock trading companies. It is not possible to trade forex on a share trading account. You will require a least amount of cash to open a currency trading account. The minimum is generally about five hundred dollars, but every company has their own policy. Never commence live trading until you have completed a forex education program and practiced trading for no less than three months.

Badawi

2013-01-30, 08:42 AM

there are too many resistance and support lines types . the price itself form a resistance and support lines, also the trend lines are working as a strong RS lines more stronger than the classic RS . the pivot point and the Fibonacci lines also can work ver well. the key point here is that the RS levels are not located withing 1 pips, it is located withing a range of pips.

pro2

2013-01-30, 09:32 AM

Yes to me support and resistance based trading is the best strategy.I prefer to use this rather than other technique.I generally use fibo to identify support and resistance.But never try to draw support and resistance manually.Neverthless thanks for sharing your strategy.

yusmandono

2013-01-30, 10:42 AM

come listen to input and explanation of the masters of the above ..
good strategy for us the nubie ..
I think this is very helpful for nubie like me ..
regards profit ..

usmanraza

2013-02-13, 03:24 PM

forex market ko smjyna her ek ka bus ki bate nahi ha bohat sa kam log ha jo forex ko smj payte ha aur wo he log
forex sa earn karte ha ma be abi market ko theak trah sa smj nahi payta ho but ma is ma mahnat kar raha ho

yoddutfx

2013-02-13, 03:39 PM

6860

I think if ya like it for decision support and resistance levels, but also the incorporation of a system of supply and demand, so that it is easier to analyze and define our future plans .. :):yahoo::yahoo:

Forexer

2013-02-13, 03:42 PM

There is no fixed rules that we have to use candle's wick for our top & bottom, instead i recommend to use combination of it.. this is because there are alot of traders out there that only use LINE GRAPH which shows only the OPEN & CLOSE of the price not the wick.

RifatMishuk

2013-02-13, 03:59 PM

Commonly I favor to employ a collection chart for you to bring support/resistance lines rather than the candlestick one. I personally use candlesticks pertaining to different signals although When i locate that one could view highs/lows a lot more accurately on a collection chart.

Roddexx

2013-02-14, 02:04 AM

Oh, it's easy to understand. Indeed by finding the point of resistance and support equal to find the point that can generate profit. with the determination of the point of support that we can BUY appropriately.

dareking

2013-02-14, 11:09 AM

naziakhan

2013-02-14, 08:05 PM

Bhai aapki ye post dekhne se lagta hai, ki aap technical mein kafi jayda mahir hai, aur ye achchi baat bhi hai, kyun ki ek trader ko technical ki achchi knowledge ka hona bahut hota hai, aapne dusre trader ko bhi apna knowledge share kiya hai.:)

yes,if a trader have good experience in technical analysis then he can earn good money from forex and i think we should not avoid fundamental analysis .it is also very important for a forex trader.:good:

nabiFX123

2013-02-15, 07:49 PM

I think technical analysis support and resistance points, control or Fibonacci support and resistance points, one of the most powerful ways of using of being able to imagine many traders rely on you and can be indentified on the chart form them... Thanks

princeua

2013-02-15, 07:54 PM

Thank you my dear friend on this clarification on how to draw a line of support and resistance in forex but this strategy is not successful only 30% is not the same as in the past, the success rate of this strategy is 100% .

damin1

2013-02-15, 08:11 PM

to see the support and resistance lines usually I use the Fibonacci. do you think, using fibbonanci that correct? because I can not create the support and resistance lines manually, because the I do not know the basis of its
who need to knwo about the Support or resistance, often after support breached, the the high level of support potential be resistance as well as resistance, often after

---------- Post added at 09:41 PM ---------- Previous post was at 09:36 PM ----------

to see the support and resistance lines usually I use the Fibonacci. do you think, using fibbonanci that correct? because I can not create the support and resistance lines manually, because the I do not know the basis of its
who need to knwo about the Support or resistance, often after support breached, the the high level of support potential be resistance as well as resistance, often after penetrating resistance in air potential used as support.

zobeda

2013-02-16, 06:31 PM

Voy a a�adir. Tambi�n puede dibujar une los picos **** ient UN una l�nea recta key indicator of a substance Otro Pico de la jona cuando la la tendencia a formar reseistance, y tambi�n dibuja El Valle como una l�nea desde el Valle hacia el forman una tendencia key areas de soporte

apip

2013-02-17, 04:58 AM

gandhi

2013-02-17, 09:31 AM

yeah I think you also need to practice in order to be able t support and ress image you just need to be a thin line from top to bottom or vice versa, and the horizontal lines that will form a functioning ..

learn it . :respect:

advance

2013-02-17, 10:52 AM

draw the support and resistance is very easy. now day you can also draw this with the help of indicator. support and resistance can be draw with the help of trend lines and horizontal lines.

ghat1

2013-02-17, 04:16 PM

Resistance and support are used for setting up entry point and exit point. Your post will help me greatly to trade as i was facing problem with drawing resistance and support line.

mohamedsaleh

2013-02-17, 05:55 PM

what an information !! thanks my dear friend i really take your info and applied it in my chart and it work like a charm
but i couldn't apply it in EUR/USD i don't know way . so if you can help me with that ? thank u

alomgir766

2013-02-17, 07:42 PM

mediafxx

2013-02-18, 03:54 AM

In my opinion, now a days there are lot of indicators available that can draw line automatically but i prefer to draw manulay for this i look on my screen and after that i draw line for two low points . Thanks

used indicators in trading system used fundamental analysis of daily trade according capital system and indicators appropriate risk margin and capital use analysis trading margin and risk plan according trading margin and capital system with indicators

ali002

2013-02-18, 02:47 PM

i have still some question for this setting: What signal do we use to enter and exit the market? are we use the EMA crossover? or maybe something different? is this setting has been tested so we can use it savely? this post will help us to find the key areas where the price may find problem to go through or where the price may reverse. Thanks for sharinh it with us. I will follow this thread. Thanks.

myoret

2013-02-19, 06:16 PM

thanks for share about draw the resistance and support line on candle chart ...
this is very useful for me.

hiteshrawat

2013-02-19, 06:24 PM

Forex charts me support aud resistence ki trendline banane ke liye trader ko 15 minute aur 30 minute chandles ko study karna chahiye aur un values ko pakadna chahaiye jaha pe chart sabse zada struggle kar raha hon
jin jin level pe chart struggle karta hai un levels pe support aur resistence ki values hoti hai

gandhi

2013-02-20, 01:09 AM

yes you can image and make the resistance and support by looking at the graph beforehand so you can pull the line straight and angled so you will get the support line. ok:good:

maaado

2013-03-14, 06:24 PM

i enjoyed reading the topic How to draw the resistance and support line on candle chart.
Explanation is very simple and easy .Best of regards

adnanbutt1001

2013-03-15, 09:45 PM

kiya kamal ki information hai yeh wakai mein bohot faida dayga mein iss ko zarror apni investment kay duran check kiya karounga kun kay wakai mein aap ki investment kay liay zarori hai agar aap nay kam nuqsan aur ziyada profit layna hai.

olbisfx

2013-03-16, 06:04 AM

do you always draw line support resistance in manual ? How do you say this is area support or resistance, i try in manual its dificult first i don no where area support and resistane

samat

2013-03-16, 07:10 AM

here i share some easiest method to draw the resistance and support line on chart.. its help to trade and also help to given the sl and tp. target.

this is blank chart.. of 1 hr
597

after that u draw the horizontal line with the help of
insert>lines>horizontal line

like this
598

after u can also draw the rectangler , triangle, or ellipse
insert>shapes> triangle..ellipse. rectangle..

u r chart look like this..
600

now i mark the arrow mark .. where u enter
599

with this u can use the exponential moving average of 5period (yellow ), 15 period (red)

601

so its ready now u make know easily where the market is gone and when u exit.. when u enter..

plz share the comment ... how its look like ..

after i see and pay attention to what I listed above will be more happy to be here because of a lack of experience will be more mature with the additional knowledge I get here

advance

2013-03-16, 07:12 AM

do you always draw line support resistance in manual ? How do you say this is area support or resistance, i try in manual its dificult first i don no where area support and resistane
drawing the support and resistance manual is very easy. it no need any hard work or any other good study. you just need the basic knowledge regarding to forex. you can find the support and resistance where the price is reverse.

ummey

2013-03-16, 07:19 AM

Hey, it's a good place for my friends, but still I have some questions for this setting: we use a signal to exit and enter the market? We use the EMA crossover? Or maybe something new? In this context, so we can use Savely been tested?

m2ndsrokk

2013-03-17, 12:39 PM

how to draw trendline is the most important thing for all trader...this is the basic for trading education,,,every beginner should learn about this first of all...and we should know that everyone have their different view abou swing high and swing low on the chart,,,that will make different analysis about trend

arfinrumi

2013-03-17, 12:42 PM

xx22xx

2013-03-17, 08:28 PM

I think we can draw the support and resistance including some bottom point and some top point these things will help us to draw a very good supports and resistance but we cannot draw any line with pressure. Thanks

shaif89

2013-03-18, 12:19 AM

thank you very much for the share ..!! I need to learn and understand more .. because something looks simple when explained, it will usually be difficult to understand and apply. Thanks ....

wooglejobs

2013-03-18, 01:18 AM

sehatx

2013-03-19, 09:20 PM

best hai janb ap ne is bare me acha define kia hai or pics kamal ki hain but agr ap txt me bi thora detail me define kar dete to shayad ye thread or bi acha ho sakta tha lekin janb ab bi ye bohat hai or informative hai.

support and resistance points for the better again for conducted based on a trading process that we run with every process and procedure we look at every opportunity attention to using the one that worls well for us as forex traders

kakoli-900

2013-03-20, 03:00 PM

I think forex is a good job.........................Thanks for your valuable post this post will help us to find the key areas where the price may find problem to go through or where the price may reverse. Thanks for sharinh it with us. I will follow this thread...................have a nice day............Thank you..............

dareking

2013-03-20, 04:44 PM

get2ilyas

2013-03-20, 05:29 PM

Bahi rsistant or support line candel stick or kesi bee chart may draw karnaa mushkil nahee hai.aap koo trading plat forum kay menu may saamnay show hoo raha hoota hai 3 muhktalif tarah kee line showw hoo rahe hootin hain.un may aap easily pick kar kay draw kar saktay hoo.jab aap apna cursor uss option par lay kar jaoo gay.woo aap koo bataa day gaa kay kone see line draw kay leyi hain.wasay may kam hee chart use kartaa hoon.

yoddutfx

2013-03-20, 05:34 PM

for the resistance level you can see above your price and on the left side in your chart where the price level has been able to make the effect of the pullback rally prices ..

and support is where the level of prices could drop in at a bullish pullback .. you understand this with my picture below .... :)

Blue = resistance
magenta = support

7053

:doubt::doubt::doubt::doubt:

naziakhan

2013-03-20, 08:59 PM

Candlestick par to support aur resistance draw karna bahut easy hota hai, lekin haan sahi breakout aur false breakout ke bare mein janna hai, to Line chart par humko iske bare mein kafi achchi tarah se pata chal sakta hai.

we can also identify support resistance and trend on line cart but it is little difficult ,if we want to do it easily then we should take the help of candle chart and i also use candle chart in my price action strategy .:good:

muc

2013-03-20, 09:14 PM

Mostly i don't really on resistance and i d�n't really on the resistance but i tell you sometimes you pass through the resistance but all the same i know that we can loose alot.

cuncun

2013-03-24, 11:17 AM

Thank you for this wonderful article. I have been struggling for a long time with �how� and �where� to draw S&R lines. This simplifies my understanding and will really help. Thank you.
I now have some theories on entry points and stop loss points to test on other charts and in my demo trading, having scrutinised these charts in this article in detail.

miansajad

2013-03-24, 05:07 PM

Assistance stage of resistance working is most often used by traders. As traders will tale charts with trendlines and key flat in a trench levels to indicate the support and stage of stage of resistance levels, this will only signify 50 % of the battle to more profits; the other 50 % needs the trader to be able to company these levels.

uk8877

2013-03-24, 05:21 PM

Usually I favor to utilize a line chart to bring support/resistance lines rather than the candlestick one. I work with candlesticks regarding other signs but When i find you can see highs/lows additional accurately on the line chart.

Also will you change your own timeframe if you search regarding resistance/support quantities or will you draw them on the same timeframe that you just trade about?

saima parvez

2013-04-01, 12:38 AM

The pattern range is the simple device that we could use to accomplish that in currency dealing business. Just examine the preferred time supports and find the biggest peaks and the smallest levels and then simply use them as assistance and level of resistance.

Sana Lahori

2013-04-01, 12:54 AM

To depend on specialized research assistance and level of resistance factors, control or Fibonacci assistance and level of resistance factors, one of the most highly effective ways of being able to think about many investors depend on you and can be determined on the graph for them.

Empress

2013-04-01, 01:07 AM

Begin with opening a currency trading dealing consideration at a prestigious organization. FX online dealing organizations normally differ from dealing and investing organizations. It is not possible to trade currency trading on a share dealing consideration. You will require a least money to open a currency trading dealing consideration. The minimum is generally about five $ 100, but every organization has their own policy. Never commence live dealing until you have completed a currency trading education program and practiced dealing for no less than three months.

tabassam

2013-04-01, 01:13 AM

bull125

2013-04-01, 01:38 AM

dealing primary sub sa acha or sub sa best signal jo mujha lagta ha wo ha candlestick keep mara ko ya signal boht he passand ha or primary es ko used be kar raha hoon mujaa es ko used kar ka boht sara benefit eanred hota ha es laya mujaa ya signal obht passnad ha

mridha.pintu

2013-04-03, 11:53 AM

Commonly I elevate to use a tribe chart to entertainer support/resistance lines instead of the holder one. I use candlesticks for polar signals but I use that you can see highs/lows Politician accurately on a accommodate represent.

dareking

2013-04-24, 01:30 PM

Bhai support aur resistance janne ke liye kafi tarike hote hai, ek to trendline draw kar sakte hai, aur dusri cheez ki hum kuch indicator ki madad se bhi support aur resistance ko jaan sakte hai, lekin main cheez hoti hai, ki hum sahi aur false breakout ko jaan sake. :)

lata12

2013-04-24, 02:49 PM

here i share some easiest method to draw the resistance and support line on chart..

mimon95

2013-04-24, 03:02 PM

its help to trade and also help to given the sl and tp. target.trading main sub sa acha or sub sa best indicator jo mujha lagta ha wo ha candle stick mara ko ya

anyar

2013-04-24, 03:06 PM

support and resistance must because we can describe it is very important to us as a reference to determine the direction and strength of the market movement will occur, it's often used as a very major thing once in each before I start analyzing the market.

himu03

2013-04-24, 03:29 PM

after u can also draw the rectangler , triangle, or ellipse
insert>shapes> triangle..ellipse. rectangle..

u r chart look like this..

kalam01

2013-04-24, 08:46 PM

after u can also draw the rectangler , triangle, or ellipse
insert>shapes> triangle..ellipse. rectangle..

njen01

2013-04-24, 11:56 PM

A movement set is a very simple resource that him and i needs for doing that around foreign exchange business enterprise. Just simply take a look at the specified time frame eyeglass frames in order to find very high levels as well as smallest levels and after that easily utilize them when aid plus challenge.

salam08

2013-04-25, 12:01 AM

All the phenomena tier certainly is the straight forward product that we all wants to achieve that for Forex home business. Only just determine the desired effort frame in order to find the largest levels and therefore the least levels thereafter quickly try them like sustain and additionally reluctance.

get2ilyas

2013-04-25, 07:26 AM

Trend line draw karna etnaa mushkiell nahe hai.aap diffrent indicator use kar kay kay trend line draw kar saktay hain.indicator use karna bee ek fun hi.ess kay leyi bee traders ka pass achaa knowledge or experience kaa hoona zaroori hai.or aap kay pass basic knowledge honaa forex kaa bee zaroori hai.ta jaa kay aap easily kaam kar saktay hain.

imran11

2013-04-25, 11:15 AM

bahut hi achi aur faydemadn post likhi hai apne
forex me har trader ko support aur resistance ke bare me pata hona chahaiye kyyunki ye forex ke

dipo00

2013-04-25, 01:38 PM

tradres ko bahut zada loss bhi jhelna pad sakta hai..isliye forrex me support, resistance aur pivot point ki jaan kari hona bahut zaruri hota hai

lata12

2013-04-25, 02:10 PM

Also do you change your timeframe when you search for resistance/support levels or do you draw them on the same timeframe that you trade on?

shamsul920

2013-04-26, 01:16 AM

In my view, technical analysis support and resistance points, control or Fibonacci support and resistance points, one of the most powerful ways of being able to imagine many traders rely on you and can be identified on the chart for them. Thanks

moamen.bakr

2013-04-26, 10:06 AM

Thank you my brother on the vital issue
Useful to all members through the theme for discussion Square
Through a simplified explanation and easy to understand anyone can ...........

shama12

2013-04-26, 10:12 AM

I like to use a line chart to sketch support/resistance collections instead of the wax light one. I use candlesticks for other alerts but I discover that you can see highs/lows more perfectly on a line graph.when the trend to type the place of the reseistance, and also attracts a line from the Area to the Area as a trend developing the assistance place

dipo00

2013-04-26, 09:29 PM

A movement set is a very simple resource that him and i needs for doing that around foreign

lata12

2013-04-26, 09:46 PM

exchange business enterprise. Just simply take a look at the specified time frame eyeglass frames in

himu03

2013-04-26, 10:37 PM

order to find very high levels as well as smallest levels and after that easily utilize them when aid

sobuj111

2013-04-26, 11:31 PM

hamza4916

2013-04-27, 01:42 AM

Common myths about drawing support and resistance levels:
Myth 1: You should draw every level you can find on your charts � Many traders fall into this trap, they end up taking an hour to draw on every little level they can find. What they end up with is a really messy chart that basically does more harm than good. You need to learn to draw only the significant levels on your charts, then you�ll have a useful framework to work from.
Myth 2: Your S/R (support and resistance) levels should always be drawn across the exact highs or lows of price bars � This is perhaps the biggest myth that traders have about drawing levels on their charts. Often times, support and resistance are more �zones� than exact �levels�, sometimes you will have a key level that is indeed an exact level, but more often than not we are going to be drawing our support and resistance lines midway through bar tails or even through the body of a bar sometimes. Point being, you don�t always have to draw the level exactly through the high or low of the bar. Note: if you are totally new and confused by some of the lingo here, please take some time to go over this candlestick tutorial before moving on.
Myth 3: You should go back really far in time with your levels � Unless you are a long-term buy-and-hold investor right now, you don�t need to go back more than about 8 months when drawing your levels. If you look at our free forex commentary you can see we really only focus on the last 3 to 6 months when drawing in the daily levels, and that goes for my own personal trading too. I am not sitting there trying to draw in levels from the last 5 years like some traders�you are wasting your time if you�re doing this.

nkem

2013-04-27, 02:24 AM

i do not think that 1 hour is the best time frame to draw a very valid support and resistance as it will easily be broken. it is better to do that on a higher timeframe like 4hr or daily as they are very stronger.

YosriPlus

2013-04-27, 03:55 AM

this not very helpfull but thank's

aariya16

2013-05-03, 12:17 PM

I will add. you'll be able to additionally draw a line that connects the ****ient peaks one to a different peak happens once the trend to make the realm of the Resistance, and additionally attracts a line from the vale to the vale as a trend forming the support space.....

muna1982

2013-05-10, 03:33 PM

i did not go for drawing so many lines or shape in my terminal. i think putting a line is not a difficult thing but getting the actual support resistance zone is the real problem. i used a indicator called auto pivot indicator which automatically give me the support resistance level of the day. it will help me to recognize the different level of support and resistance. it help me a better to make right decision and setting the stop loss and take profit for the trade.

Khans

2013-05-10, 08:18 PM

trading may sub say acha hai magar mujay b sub say achi candlestick indicator acha laga who is liyeh k yeh hum log ko kafi achi information deta hai

dareking

2013-05-18, 07:05 PM

Ya ha forex me har trader ko support aur resistance ke me pata hona chahaiye kyyunki ye forex ke basic hai aur isko jane bina forex trading karna bahut zada risky ho jata hai aur tradres ko bahut loss bhi jhelna pad sakta ..isliye forrex support, resistance aur pivot ki jaan kari hona bahut.

Haan bhai sahi kaha aapne, humko support aur resistance ki achchi knowledge honi chahiye, agar aap support aur resistance ke bare mein nahi pata hai, to aap sahi tarah se trend line draw karke is level ka pata nahi kar sakte hai.

ajk92

2013-05-18, 09:24 PM

we must read the level of support and resistence, and learn about the character of each currencies of making that level and make the reversal, maybe after learning it character we can having a clues to make profit from this condition.

tahirtaaha

2013-05-24, 09:54 PM

candle ke resistance aur support waha hoti hai jaha per in ke shadows khatam hote hai yani suppor aur resistance tail tak hoti hai kuch log body bhi samajhte hai aur yeh bhi kaam karti hai magar agar breakout ke baat kare to to woh tail say ooper close ho to he breakout hota hai.

sanga

2013-05-26, 12:26 AM

In General, I prefer to use the chart to draw lines, support/resistance, instead of a candle. I will make use of light will be another signal, but I realize that you can only see you, also, ups, downs? In the chart.

Also, you can see the resistance/support vary or not return at the same time fair trade?

johur

2013-05-26, 01:23 AM

Usually I decide to draw a line chart with support/resistance lines, instead of candlesticks, a. I use dlesticks for the different signals, but I understand that you have a bunch of highs/lows exactly on a line chart

kokolkola

2013-05-26, 01:39 AM

Under normal circumstances, I would be grateful if you would draw the line more application support/resistance lines, not the owner. I was able to take advantage of a series of signals, willdlesticks, but I understand that you can only see the right line of barriers.

As a parish, gently into the framework for the assessment of resistance/support or one of them is the appropriate time, just marketing?

shimo

2013-05-26, 01:44 AM

Usually you choose g�rer, support/resistance lines, and not the master, you can use a line graph. I removed several Willdlesticks signals, but I understand that you can see the Board direct line.

Also change the face of support/resistance, when not on what level, if an ad, that right now who?

sorma

2013-05-26, 06:01 AM

Typically, you should use a line chart to draw support and resistance of the wire. I use different signals to the wire, but realizes it, just go up and down very precise in the table you can see.

And correctly ****ually levels of support and resistance of the frame and at the same time, he was the lottery trade.

RiveraGaiton1984

2013-05-26, 11:26 AM

hasino

2013-05-26, 02:56 PM

I always a line graphic chooses, you can draw lines, support/resistance, rather than a candle. Weildelistix alternative the to serve and the signals they, but I you will see only line accuracy highs/lows... And.

Also change the face of per hour with the idea of forcing only who support/resistance level or not, with them for some time, wounded, who can only operate in?

sagur

2013-05-26, 03:35 PM

Usually I prefer to draw a line chart with support/resistance lines, instead of candlesticks, a. I make use of fungi for alternative signals, however, I noticed that you can see highlights/lows for more exactly on a line chart. In addition, makes an edit a time frame when looking for a level of resistance/support or someone to the corresponding time frame you only shopping moves in with?

shoyeb01

2013-05-26, 04:08 PM

Hey, honest friend, correction, but is it really still-ordered this parameter: do {what is a signal that we are, as a general rule, we can take? Market inputs and outputs? Use of the area as EMA crossover? And another thing is different? Has this configuration tested, so that it can be used safely?

dareking

2013-05-29, 06:39 PM

Support aur resistance ko find karna aur fir uske according order place karna, mere hisaab se ye hi is field mein best tarika mana jata hai trading karne ke liye, support aur resistance se trader ko exit point aur kisi ko entry dono hi mil jate hai.

hkyiur

2013-05-29, 10:07 PM

However, my good friend, but many of these regulations applies to me: exactly what all our market to register for and use the shutdown to do? Usually we both cross-country MOTHER? Or something else? It is special, and you can set up the card.

kdjfgr

2013-05-29, 10:39 PM

Thanks for the great article, this article will help you make the main site to find the price tag the traction or too slow to pay the price. Thanks for the ideas Autour discuss. Definitely, I want to follow this thread.

maamu

2013-05-30, 02:20 AM

Usually I picked up in a series of graphs and charts for you to draw support and resistance lines are only an advantage rather than candlestick. Prefer a light on a further signal, but when I find it, you can get a very accurate peak/background in tables and charts.
In addition, you will be included in the time and effort when you find support and resistance levels, or perhaps attract these rich people and asks if you want to change it?

monare

2013-05-31, 02:20 AM

As a rule, I'm all for use on the set of data support / opposing instead of one order. Candles were used for other symptoms, some people with her husband and found that they look through the volume of information or max/min. Change in an effort to seek support, or even come up with these people, at the same time, which can be negotiated.

abulkashem0

2013-05-31, 04:21 AM

Thank you for your valuable post this post can facilitate notice to seek out US | |} to search the key areas wherever the value could find inconvenient to go or wherever the value could reverse. Thanks for the sharinh that with the United States. will I be able to follow this line. Thank you.

goshe

2013-05-31, 10:57 AM

happymailer

2013-05-31, 01:39 PM

here i share some easiest method to draw the resistance and support line on chart.. ..............plz share the comment ... how its look like ..

Well, you have described all the things in very good manner but I would like to tell you that we can get resistance and support with several ways, there are so many indicators indicates support and resistance level, some of them indicates in real time.

Avenger

2013-06-01, 12:21 AM

just download the indicator and drag the indicator on the chart of any currency pair which you are using i am also using the support & resistance indicator since i started forex trading and with it i am making profitable trades everyday without any tensions and also i can make easily hundreds of dollars because i made perfec focus on the market trend by the help of this indicator.

fxa

2013-06-01, 01:36 AM

Heya this can be a beneficial location my good friend, although i've got however many dilemma due to this location: What exactly indicate complete most of us work with to help enter in in addition to depart this market? usually are most of us operate the EMA crossover? or it could be something different? is usually that location has become tried and so we can easily work with it savely? :):):):):):):):):):)

Looser

2013-06-01, 04:21 PM

the best and very simple way to draw support and resistance levels is to use the zig zag indicator, the draw a horizontal line on every top or bottom of the zig zag indicator, and this can used for all time frames, but use different colours of horizontal lines for every time frame.

sorove21

2013-06-01, 10:25 PM

Normally I prefer to try to use in the tag information for you to support/resistance instead of a candle holder-1. I use candlesticks destined for other impulses, but my partner, and notes that you highlights/lows much more efficient using the tag information can see. Also changes their efforts to frame when such persons for the same period this company looking for a level of resistance/support or maybe you bring?

pagolk

2013-06-02, 02:46 AM

But, in fact, still thus am questioning, because this setting is set to is my friend: Hey what signal we tend to be our can am | |} use to enter and exit the market? Unit area mother crossover we use? Or even different things? So we can use it for the purposes of this regulation, the tested Savely?

harami

2013-06-02, 03:04 AM

But this is a good set of friends, we can, even if it is due to fixed the problem: what are we doing everything together, so you can enter the labor market, which consists of is leaving? In General, we all benefit from EMA crossover? Or is it something else? This was confirmed in the environment, and then we will be able to work safely together?

matirmoina

2013-06-02, 03:28 AM

Normally, I'd appreciate more chart run, support/resistance lines, not one owner. Use willdlesticks for alternative signals, but I've just realized that you see many highs/lows just a line chart.

It is also one of your long after looking for resistance/support level or someone pulls a constant over time, which is easy to manage?

halka

2013-06-02, 06:53 AM

Support and resistance lines zig zag one attracting damage ratio. Draw lines and Zig Zag. Change the resistance free up markets and DNA as such assistance can be. Was the strategy to draw support and resistance lines and just try it together.

kdirfg

2013-06-02, 07:34 AM

Cheers for the useful post for this specific publishing helps you see the prices, you can be about the dilemma of sweat, or that the price point that is the most important part of the area in front of us all.

forceeee

2013-06-02, 09:11 AM

Keep Fibonacci points of support and resistance, technical analysis or support and resistance from powerful forms, you can imagine that the vast majority of sellers who already seemed to learn a chart.

abcdrf01

2013-06-02, 12:44 PM

Promoting this article thanks to your valuable North American countries achieve post | looking for | Search} key field can turn, everywhere where it is or could be value when searching the disadvantages of travel anywhere so far. Land in North America and Sharinh please thanks. Be obedient in this thread thank you.

eyeytry

2013-06-02, 02:53 PM

I will do it. You can also add directly from any series to focus each other so that development aid puts the flu peak in the same hole, as well as any hole series resistance, which occurs when a part of the development of the IMO.

jdon618

2013-06-02, 02:59 PM

Thanks for the valuable post, this post will help you to search our news Search important areas where you can find through lack of travel, or anywhere where it can be converted. Thank you for sharing this with the United States. And you can follow this thread. Thank you very much.

bhmo

2013-06-05, 11:27 AM

He is a good friend I had and was released later, but this is not just a few questions on this item razlepeni: what exactly is showing all of us veterans on the market and the benefits of it can enter? We all benefit from the EMA crossover? Or maybe something else? Am so we can safely apply this effort?

ronjusho

2013-06-05, 11:30 AM

Hey is a decent scene, my friend, but actually I have a question thereforeme to this definition: what is a sign that we tend to can we EC ||} market inputs and outputs? AIR use EMA crossover? and one more thing is different? is this Setup has been tested, so let's use it safely?

heriant

2013-07-16, 03:25 PM

in case a investor possess great encounter within complex technical analysis he then may generate great cash through fx and i believe we ought to not really prevent basic evaluation. additionally it is extremely important for any trader.

bonegz

2013-07-16, 03:39 PM

Support and Resistance levels are very important for trading. We can decide to enter into any trade if we can assure that support is not being broken. Similarly we can decide to sell if we can notified failure of breaking resistance level. We can even trade in breakouts if we know the levels properly.

dareking

2013-07-22, 12:16 PM

bahut hi achi aur faydemadn post likhi hai apne
forex me har trader ko support aur resistance ke bare me pata hona chahaiye kyyunki ye forex ke basic hai aur isko jane bina forex me trading karna bahut zada risky ho jata hai aur tradres ko bahut zada loss bhi jhelna pad sakta hai..isliye forrex me support, resistance aur pivot point ki jaan kari hona bahut zaruri hota hai

haan bhai aapne sahi kaha hai, trader ko is level ke bare mein achcha pata hona chahiye, support aur resistance ke bare mein knowledge agar achchi hogi, to aage wo trader achchi trading kar sakta hai.

fxearner

2013-07-22, 02:15 PM

haan bhai aapne sahi kaha hai, trader ko is level ke bare mein achcha pata hona chahiye, support aur resistance ke bare mein knowledge agar achchi hogi, to aage wo trader achchi trading kar sakta hai.

hanji bhai agar trader ke paas support aur resistance ki achhi knweldge hai tou trader ense kaafi achhi trading kar sakta hai par kaafi time lag jaata hai support aur rsistane ko samajhne mein ye sab etna asaan nahi hota hume kaafi mehnat karni padti hai tab jakar koi enko samajh sakta hai..

shawon02

2013-07-23, 02:27 AM

relating to also certain challenge to do this preparing: What precisely rule undertake people take advantage of that will input together with escape the industry? happen to be people makes use of the EMA crossover.. when the expense may find predicament to look through or simply when the expense could possibly undo. Kudos meant for sharinh it all with us. I may carry out the thread.

sunila

2013-07-23, 10:40 AM

yai kafi acaha hai forex mai agar ap ko is tarah draw karna a jaye aur ap achea tarah is ko samjh lain tou aram sai is mai kafi trader achea tarah trade kar sakty hain ap ki trade akfi achea ho saktu hai,...

zank haidar

2013-07-23, 02:09 PM

here i share some easiest method to draw the resistance and support line on chart.. its help to trade and also help to given the sl and tp. target.

this is blank chart.. of 1 hr
597

after that u draw the horizontal line with the help of
insert>lines>horizontal line

like this
598

after u can also draw the rectangler , triangle, or ellipse
insert>shapes> triangle..ellipse. rectangle..

u r chart look like this..
600

now i mark the arrow mark .. where u enter
599

with this u can use the exponential moving average of 5period (yellow ), 15 period (red)

601

so its ready now u make know easily where the market is gone and when u exit.. when u enter..

plz share the comment ... how its look like ..

I hardly confusing with this technique, way of installing segitga picture at chart how? and its use in trading how??

shawon02

2013-07-24, 02:42 AM

concerning continue to quite a few concern in this setting up: Just what exactly point conduct most people apply so that you can enter into plus departure this marketplace? will be most people use a EMA crossover? and also different things? a reseistance, and even extracts your set with the Area to your Area for a movement growing a aid vicinity.

dareking

2013-07-24, 02:27 PM

bhai ye to jitni jayda practice karte hai, utna hi achcha ye cheezo ko sikh payenge, support aur resistance ko jaan pana bahut easy hota hai, lekin sahi breakout aur false breakout janna bahut mushkil hota hai. :(

hafizwaseem

2013-07-24, 05:07 PM

Hi threader you share excellent and benificial post on this forum. In forex trading system every business person should know about support and resistance. Because it is very important and without knowledge of this can be risky.

memble

2013-07-24, 05:16 PM

I think I myself only using pivot indicators and I think it is the most good, we don't need to calculate, will be automatically calculated, and I also relied on that trading forex it always ends up on the numbers 00-50, I think it's a great thing for me.

indianfxboy

2013-07-25, 05:24 AM

drawing the support and the resistance lines may not be a difficult thing for traders with the right knowledge of the forex market because when you are making the decision to locate where the support and the resistance lines should be placed your experience as a trader should handy in doing this easily without any problem because these precious points in the forex market are very visible to the trader.

miswanto

2013-07-25, 07:11 AM

whether with this indicator we will know which way the market? that in the picture round - round the area what is it??

JMW

2013-07-25, 07:24 AM

you have to check the longer times in order that they may guide one through a very successfull kind of trading also to guide you in the long and short term trading.

sunila

2013-07-25, 12:39 PM

yai ap ko pehlay is mai study karna ho ge then he is mai ap draw aur theak sai kam kar sakty han warna yai cheeze ap ko theak sai kam nahe dai sakti hai magar old trader is sai kafi faida laity hain,...

rookie001

2013-07-25, 03:08 PM

Drawing trend lines is not that difficult ... they can provide you only with the channel in which the price is likely to move while in the trend. And when they get violated it means the trend is changing. The real purpose of a trend line is to give trader an exact idea of when the break out is going to happen and that purpose is served when market is going sideways. A trendline is the most reliable when market is range-bound. In the ranging channel market keeps on touching the both margins but you never know when it is going to cross the level and get into the trend ... thats where your trendline's provided breakout level comes into play.

aspire4530

2013-07-25, 04:13 PM

so is beautyfull on your share of this technique, I always see the candle patterns, and I have always been guided if any candle size >30 pips could be a reference resistance or support, can also be used as a point of open positions us later. I often use a candle that size >30pips in 1 hour time-frame pair EUR/USD, I used to analyze the three already going to the low price, midle, the high of the candle, then I see the major trend will be an entry there, it could also be for scalping long, depending on your current ability to analyze.