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Thread: Support & Resistance Levels.

  1. #71
    Member biyen will become famous soon enough biyen will become famous soon enough biyen's Avatar
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    Support and resistance levels are sometimes not exact price levels. Many times, they will be a small range of prices. Once the price clearly breaks past that range of prices, support or resistance is to be considered broken.

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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    Senior Member surip is an unknown quantity at this point surip's Avatar
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    Quote Originally Posted by princeua View Post
    Look at the diagram above. As you can see, this zigzag pattern is making its way up (bull market). When the market moves up and then pulls back, the highest point reached before it pulled back is now resistance.
    right sir, of course, this is a good time to open an opposite position, of course we have to constantly keep an eye on our trading for the price reversal will happen again if we could replace our open positions

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


  3. #69
    Senior Member adedayo is an unknown quantity at this point adedayo's Avatar
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    yes that is a good idea because for me too i use the support and resistance level to scalp the forex market they are good position for traders to enter and exit the market with this you can make good profit

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


  4. #68
    Banned cozard007 is on a distinguished road cozard007's Avatar
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    This supports and resistance levels are just the best level that will help the trader really in all their trading skills, it has really helped the trader to getting the nice account management in trading.

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


  5. #67
    Senior Member sammy is on a distinguished road sammy's Avatar
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    support and resistance are few important things in fore. support and trendline are the areas where a lot of traders target to buy or sell, so it becomes self fulfilling thing. the trend line support also based on these.

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


  6. #66
    Senior Member trading4life is an unknown quantity at this point trading4life's Avatar
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    the best indicators because there are always some very good entry and the exit points that are used by the traders very effectively so if you have the good indicators in the good trsaction you will make good profit

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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    Senior Member mdnahid is an unknown quantity at this point mdnahid's Avatar
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    Important are trading on forex resistance levels of the indicators that show support the photo is clear on the chart for forex market trading business.

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


  8. #64
    Senior Member mdkhan is an unknown quantity at this point mdkhan's Avatar
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    Thanks bro.
    For giving us such kind of information. its helps to view the clear market direction and its helps putting order at this two levels.

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


  9. #63
    Member suresh is an unknown quantity at this point suresh's Avatar
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    I think support and resistance both are very important in the Forex market for understanding the market trend support and resistance will hep us and we can give trade on the basis of support and resistance.

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


  10. #62
    Banned cozard007 is on a distinguished road cozard007's Avatar
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    In the whole trading day, the supports and the resistance levels are the main thing that helps so trader and keeps their trading cahrt simple really we need much trading skills here.

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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