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

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    Banned tasnuva is an unknown quantity at this point tasnuva's Avatar
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    Try to realize the laxation, don't emaciate the case livelihood and resistivity. Use travel indicator to canvas in seconds. Keep and status is not the soured statue, and there is no restrictions that we should hold to use support and status....

    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.


  2. #330
    Highly Reputed Member ishvara is a splendid one to behold ishvara is a splendid one to behold ishvara is a splendid one to behold ishvara is a splendid one to behold ishvara is a splendid one to behold ishvara is a splendid one to behold ishvara is a splendid one to behold ishvara's Avatar
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    Quote Originally Posted by asmakhatun View Post
    Why does when a resistance get rough it becomes a new backing ? I see people unsettled trades beneath and above these levels , which is quite informal. But what is the understanding?
    The forex currency traders that you see staying above these points have some knowledge about support and resistances. Such points are hard for prices to pass them so a trader stays above or below it to make profits.

    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. #329
    Senior Member aun is an unknown quantity at this point aun's Avatar
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    Yes Market moves ups and downs. It some times go high and then more high. former point becomes support for the new level. Next movement sets new levels. In this way market moves. It come back to its start and goes higher again.

    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 Khan Mustafiz is on a distinguished road Khan Mustafiz's Avatar
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    This is very basic concept of currency trading trading.If any currency trading couple passes across any particular assistance or level of resistance, then it will instantly become its reverse.Here assistance value will become level of resistance value and level of resistance value will become assistance 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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    Senior Member saadfsd is an unknown quantity at this point saadfsd's Avatar
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    Assistance and level of resistance are the stages where new investors get into the industry in the other. A support is damaged when the predicted investors do not get into at that factor and vice line. A level of resistance is also damaged for the same reason

    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 asmakhatun is on a distinguished road asmakhatun's Avatar
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    Why does when a resistance get rough it becomes a new backing ? I see people unsettled trades beneath and above these levels , which is quite informal. But what is the understanding?

    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 lionfx is an unknown quantity at this point lionfx's Avatar
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    it is real what you say that the wax can provide us an concept how the psychological condition of the customer and owner this can be quicker to offer support to our research

    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 wulandari is on a distinguished road wulandari's Avatar
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    Quote Originally Posted by ku_lock View Post
    I agree that it could be said that the support and resistance is a reflection of the strength penjuan and buyers. so that it can be used as constraints for we could see the movement of the forex market. with us to understand those limits, it will make us more easy to analyze, and determine which points to enter and exit the market, so it will make a profit.
    Its basically psychology level thats used by buyer and seller to get agreement between level to open position, after resistance break, then it would be support level that hold for next retrace

    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 sokcool is on a distinguished road sokcool's Avatar
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    this happens because of a lack of knowledge trader,,, so it is advisable to read the news much,,, and often do the analysis,,,

    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.


  13. #322
    Senior Member prowitin is an unknown quantity at this point prowitin's Avatar
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    The forex market is design in a waY that the price is always repeating it self and following history. price will always do what it did before and market will always move in a pattern. Trade with care. Forex is all about timing.

    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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