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support level comes down to the previous trough, it may signify that the uptrend is coming to the end or at least it is turning into a sideways trend. It is likely that trend reversal from up to down will occur. The opposite situation takes place in a downtrend; the failure of each support level to move lower than the previous trough may again signal changes in the existing trend.
In order to develop a support and resistance strategy you should be well aware of how the trend is identified through these horizontal levels. Thus, for an uptrend to go on, each successive support level should be higher than the previous one, and each successive resistance level should be higher than the one preceding it.
The concept behind support and resistance trading is still the same - buying a security when we expect it to increase in price and sell when expecting its price to go down. Thus, when the price falls to the support level, traders decide to buy creating demand and driving the price up. In the same way, when the price rises to a resistance level, traders decide to sell, creating a downward pressure and driving the price down.
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My look at the 12hr charts using the High Probability method on a number of low volatility Forex pairs. The trade results can be found on the below shared spread sheet docs.google.com I do use hedging in my trading and increase position sizing on trades. These will all be noted on.
is also drop too far from the BB. And you could not miss the strong daily RSI DIV. We expect a sideway for this pair to go this week. Might hunt it 4 times with each time 450 pips or more to hunt. Good luck on sideways price movement. LESS IS MORE..
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kal k hi uptrend ko market continue kar skta hai kuki market meh kafi upward strong movement thi kal or kafi buyers ne dominate kara hai ,
halaki abhi ek support level pe jisko market ache se test kar rha hai agar ye level break hota hai toh defintely strong up movement dikhegi is pair meh.
I predict this pair have bullish direction
I suggest to take LONG position today
time frame that is considered while making support and resistance levels – use Daily and Weekly time frame, consider the daily economic news before taking the trade.
money management is very effective for getting profits with stop loss and take profits method with current trading position.
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Forex forum is the good forum in the world. It provide us facility to earn good profit by trading on it. I have also use this forum for invest money and make trading to earn good profit. I have used to indicators RSI and Zigzag for signal of trading then I have made trading and earn good profit.
There are Forex trading groups all around the Internet. With a little research, you can find out which are the most successful and some even have mentoring programs. Don't stay married to any particular group.
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Today Martket technical Analysis Eur-rur
Indicator shows market going down and technical Analysis same thing
Es liye me app ko technical analysis or indicator ko follow karte howey
bata raha hon ke market ajj {43.2% Buying} me hai
Always Follow they Money Management..
Thanks Karo Ge Thanks Mile Gaa...
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Today market analysis and trend:buy
According to indicators :-
Parabolic sar
Bollinger band
RSI
And
Moving average
Tell the about market trend up so we do trade in buy and take good profit
Forex Trading Is The Tree Of Money If You want Become A Millionaire So Achieve Good Knowledge About Trading
👍 BesT Of LucK 👍
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The market
The currency trading (foreign exchange, Forex, FX) market is the biggest and
fastest growing market on earth. Its daily turnover is more than 2.5 trillion
dollars. The participants in this market are central and commercial banks,
corporations, institutional investors, hedge funds, and private individuals like
you.
What happens in the market?
Markets are places where goods are traded, and the same goes with Forex. In
Forex markets, the “goods” are the currencies of various countries (as well as
gold and silver). For example, you might buy euro with US dollars, or you
might sell Japanese Yen for Canadian dollars. It’s as basic as trading one
currency for another.
Of course, you don’t have to purchase or sell actual, physical currency: you
trade and work with your own base currency, and deal with any currency pair
you wish to.
“Leverage” is the Forex advantage
The ratio of investment to actual value is called “leverage”. Using a $1,000 to
buy a Forex contract with a $100,000 value is “leveraging” at a 1:100 ratio.
The $1,000 is all you invest and all you risk, but the gains you can make may
be many times greater.
How does one profit in the Forex market?
Obviously, buy low and sell high! The profit potential comes from the
fluctuations (changes) in the currency exchange market. Unlike the stock
market, where share are purchased, Forex trading does not require physical
purchase of the currencies, but rather involves contracts for amount and
exchange rate of currency pairs.
The advantageous thing about the Forex market is that regular daily
fluctuations – in the regular currency exchange markets, often around 1% - are
multiplied by 100! (Easy-Forex™ generally offers trading ratios from 1:50 to
1:200).
How risky is Forex trading?
You cannot lose more than your initial investment (also called your “margin”).
The profit you may make is unlimited, but you can never lose more than the
margin. You are strongly advised to never risk more than you can afford to
lose.
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Forex forum is the good forum in the world. It provide us facility to earn good profit by trading on it. I have also use this forum for invest money and make trading to earn good profit. I have used to indicators RSI and Zigzag for signal of trading then I have made trading and earn good profit.
There are Forex trading groups all around the Internet. With a little research, you can find out which are the most successful and some even have mentoring programs. Don't stay married to any particular group.
Quick reply to this message Reply With Quote Multi-Quote This Message
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EUR,rur
Good afternoons dears,
Trend is looking strong bull type now in market,
It seems to be looking that market can move to the up side by searching the technical point of this pair, According to the parabolic sar position at frame h1,
MAcad show us bearish way, I think it can be move to the up side, by touch the its support level,so don't worry from its moving Position. Here I use my sclapping strategy for better profit from the market today and tomorrow,
If you like trade in market just buy it,
,,,,Thanks ,,,,
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Another no less important task of the bulls will be the return and consolidation above the resistance of 1.3143, which will allow us to talk about an upward correction in the area of the highs of 1.3203 and 1.3316 where i recommend talking the profits.
