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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.
neil92 (2016-01-06)
The time frame depends on your trading style for intraday you can use 1 hour or 4 hour time frame. However the support and Resistance level analysis can be used in any time frame but I would like to suggest you to use it for higher time frame which will results in better results. And to lower the risk you should use the third one.
Things You should Know to Earn Consistent Profit.
Learn How should you enter your order in a breakout
Learn and Earn : Join Indian Forex Forum and Get Monthly $250 Bonus
The Biggest Risk in Your life That You Can Take is By Not Taking Any Risk At all
think your for the explanation, trading break out is really good strategy but i think we should wait for confirmation befor to enter else we will be trapped into a false break and that's really bad for out psucology and 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.
I am really glad to see this post. Its really a clear strategy for Forex trade. Specially for a beginner. But be careful about this. Before trade on real account obviously practice on Demo Account. Keep going ..
I like very much this site. Really Really
neil92 (2015-12-31)
Which time frame should I use to apply this strategy? Support and resistance level are the most powerful analysis as I know. but I don't know much how to use them. Like you said about the strategy you trend line is in a perfect range very few times we get like this. How we will consider support and resistance in a volatile 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.
neil92 (2015-12-31)
When price break the support and resistance with volume and next candle close above the support it confirms the breakout. Buy above the closing of that candle.
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.
bhot he behtreen tareeka ap nay btaya hai aur main is pay amal b karna chaho ga jiss ki madad say mjhay kafi kuch panay ko mill sakta hai lehaza is business me b hume khas tor pay khyal rakhna chahye hota hai k cheezon ko samjhe aur seekhay bina us me enter na hun aur jitna zyda work acha karna chahty hain us k lye mehnat karna lazmi hai.
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.
Things You should Know to Earn Consistent Profit.
Learn How should you enter your order in a breakout
Learn and Earn : Join Indian Forex Forum and Get Monthly $250 Bonus
The Biggest Risk in Your life That You Can Take is By Not Taking Any Risk At all
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