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I make about 5 to 10 trades per session. I have used this technique for 3 years and now because it has been proven the most reliable and simple to trade. Others will argue, but when they argue and seek to sell GBP, I've been close a trade with 20 pips profit. They're going to sell, and prices bounce back up, and I hope to explain why here.
Local support and resistance continue to survive because unlike other methods, anyone who trades in any timeframe to see the graph and see where prices have reacted many times in the past, or what would be a "no move" in the near future. Each breakout level imposed on the reaction of news, or various other influences. This is important in each timeframe to gauge the current market conditions and good judgments in deciding whether or not the level should be maintained.
For example, on the day of hysteria in which the dollar getting crushed, you are much more difficult to make pips at this level if they countertrend. The same can apply to Friday
, upon the expiration of the option or at the end of the month. Regardless, even today, but it is possible to use this technique to do trading in the direction
trend pip retracement to the right, allowing you to take advantage of volatility madness.
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very nice and informative post friend
Support and resistance plays a vital role in all currency pairs and trading according to support and resistance is always advisable..
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very nice and informative post friend
Support and resistance plays a vital role in all currency pairs and trading according to support and resistance is always advisable..
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very nice and informative post friend
Support and resistance plays a vital role in all currency pairs and trading according to support and resistance is always advisable..
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very nice and informative post friend
Support and resistance plays a vital role in all currency pairs and trading according to support and resistance is always advisable..
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very nice and informative post friend
Support and resistance plays a vital role in all currency pairs and trading according to support and resistance is always advisable..
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Kafi informative post hai ye. Market structure ko ager smjh liya jay ache se aur us per base reh ker trade kiya jay to bhi kafi achi kemai ki ja skti hai.
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very nice and informative post friend
Support and resistance plays a vital role in all currency pairs and trading according to support and resistance is always advisable..
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Kafi informative post hai ye. Market structure ko ager smjh liya jay ache se aur us per base reh ker trade kiya jay to bhi kafi achi kemai ki ja skti hai.
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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.
Note:Always Follow the making experienced with others having great knowledge about trading.===========
