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Thread: Why does previous support become resistance and vice versa?

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    Senior Member shihab_forex is an unknown quantity at this point shihab_forex's Avatar
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    This is a very basic theory of foreign exchange trading ..
    Automatically any currency pair, if the support or resistance across any particular, it is the opposite ..
    For example, the support supporting the resistance value and the resistance value becomes

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    Member Lancer is an unknown quantity at this point Lancer's Avatar
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    Broken support turns to be resistance and vice versa that because of what is called investors remorse. when price reaches a broken resistance for the second time new buyers come in

    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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    Member blonur is on a distinguished road blonur's Avatar
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    I think it started sometime back in history with some valid basis - like value of stock based on company performance where once the price crossed the 'resistance' no one was willing to consider a price lower to sell.
    Ever since tech analysis has become mainstream i think it is the stops that more or less drive it.

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    Senior Member nana12 is an unknown quantity at this point nana12's Avatar
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    i think why does previous supper could be because however many partes who have an interest in the forex sector include large investors and currency exchange rate

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    Banned Banglalink is an unknown quantity at this point Banglalink's Avatar
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    Attempt to realize the actual motion, do not waste materials time assistance as well as opposition. Make use of zigzag sign to investigate within mere seconds. Assistance as well as opposition isn't the actual difficult phrase, as well as there isn't any limitations that people must have to make use of assistance as well as opposition.

    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 tanvirmia is an unknown quantity at this point tanvirmia's Avatar
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    How come whenever a amount of resistance get hold of worn out the application results in being a new service? My spouse and i observe people start sells following and even previously most of these tiers, and that is very common. However what 's the reason?

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    candlesticks are good to derive sentiments of the buyers. it gives us a picture of the tussle between the bulls and the bears. and market sentiment is factor which cant be ignore while we open our position

    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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    Banned rashed10 is on a distinguished road rashed10's Avatar
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    I wish to know that indian forex is a good site to make a forum and make some real forum is to be a easy way to trade and make some real money....

    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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    Banned kongo is an unknown quantity at this point kongo's Avatar
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    Try to understand the movement, don't waste the time support and resistance. Use zigzag indicator to analyze in seconds. Support and resistance is not the hard term, and there is no restrictions that we should have to use support and resistance. support value will become resistance value and resistance value will become support value

    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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    I want to make some real money making way to trade where we can make some real way to trade and some money invest well and so on....

    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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