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Subscribebut some time pair breaks the support and resistance level and go toward for new support or resistance level. If you want to know current support and resistance level then you must know about Bollinger band.
but some time pair breaks the support and resistance level and go toward for new support or resistance level. If you want to know current support and resistance level then you must know about Bollinger band.
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.
If you have not gotten the right answer, the thing is that you can use moving averages as supports and resistances. Example is 200 SMA and 200 ema, They are good support and resistance in Forex market.
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.
dear it is the best thing for the traders to decide the market situation the support mean the market may be the expected at that point and if the broke that then the go more and the resistance like as
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.
Support is a limit where the price will move towards the lowest level, before the price reverses direction. And resistance is a limit where the price will move towards the highest point until then bounce or turn.
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.
That is a big question that you have asked. In a short, use parabola to find out support and resistance and for moving average, you can get help from the internet by reading lot of e books, journals about Forex.
Last edited by sharabela; 2012-07-08 at 01:54 PM.
agar app ko is kay bara may aik achi knowldge hasil karni hai tu app ko chiya kay app jo hain sites ko follow karain taka app jo hai woh aik acha profit hasil karain.
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.
Originally Posted by mojcris
Let me explain with my words
Support lines are the levels or limits when the downtrends cannot go further ! this line supports the chart to turn back and go up,
Resistance: this limit or level doesn't allow the chart to go up more ! it turns the chart down !
Moving averages are the lines who follow the real chart with lag.
the resistant show in the down trend and the buyer collect them self to make the price very high and resistant in the up trend and the seller collect them self to make the price very low so you can see it on the trend easily without any problem
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.
Let me explain with my words
Support lines are the levels or limits when the downtrends cannot go further ! this line supports the chart to turn back and go up,
Resistance: this limit or level doesn't allow the chart to go up more ! it turns the chart down !
Moving averages are the lines who follow the real chart with lag.
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.
Whatever measure i worried most the action and the connection and i believe who made them and what can be the really fight on the trades. so this is really the benevolent result on the exchange of the traders and they locomotive the activity cornerstone on these 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.
Support and resistance is one of the most widely used concepts in trading and Strangely enough. Everyone seems to have their own idea on how you should measure 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.
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