+ Reply to Thread
Page 19 of 167 FirstFirst ... 9 17 18 19 20 21 29 69 119 ... LastLast
Results 181 to 190 of 1661

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

  1. #1481
    Member kazna has a spectacular aura about kazna has a spectacular aura about kazna's Avatar
    Join Date
    Sep 2017
    Posts
    532
    Thanks
    85
    Thanked 216 Times in 144 Posts
    SubscribeSubscribe
    subscribed 0
    Because of what I know. Support and resistance are created based on the range of expected market movements.
    And if one of them is broken, it means there's actually something that makes the price frenzy,
    and violates the technical analysis laws. After that, the expected range of the market becomes different
    and can be said to have entered another dimension.

    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. #1480
    Member niat has a spectacular aura about niat has a spectacular aura about niat's Avatar
    Join Date
    Sep 2017
    Posts
    490
    Thanks
    51
    Thanked 167 Times in 135 Posts
    SubscribeSubscribe
    subscribed 0
    When we say that support means when the trend is bearish then it will find some ground at that point.
    And probably will retreat. or it might break. And resistant is the opposite side of it. Most traders think the same way.
    If the trend should go to any side, it should break the support or resistance to go up or down.
    Or it will stay in that range. That's why we can place the buy top above the resistance and sell stop below the support line.
    so it means that once it breaks we can join the new trend.

    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. #1479
    Member hansfx will become famous soon enough hansfx will become famous soon enough hansfx's Avatar
    Join Date
    Mar 2017
    Posts
    680
    Thanks
    101
    Thanked 185 Times in 151 Posts
    SubscribeSubscribe
    subscribed 0
    When we say that support means when the trend is bearish then it will find some ground at that point.
    And probably will retreat. or it might break. And resistant is the opposite side of it. Most traders think the same way.
    If the trend should go to any side, it should break the support or resistance to go up or down.
    Or it will stay in that range. That's why we can place the buy top above the resistance
    and sell stop below the support line.so it means that once it breaks we can join the new trend.

    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. The Following 3 Users Say Thank You to hansfx For This Useful Post:

    opat (2017-09-30), pepsoden (2017-09-30), setan (2017-09-29)

  5. #1478
    Member murphy has a spectacular aura about murphy has a spectacular aura about murphy's Avatar
    Join Date
    Jul 2017
    Location
    NEW YORK , USA
    Posts
    897
    Thanks
    32
    Thanked 216 Times in 182 Posts
    SubscribeSubscribe
    subscribed 0
    to my knowledge it is happening because of the habit of traders,
    but that makes me confused, currency prices are not only influenced by traders..

    may be more appropriate if it is because the habits of the 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.


  6. #1477
    Senior Member forexbusiness will become famous soon enough forexbusiness's Avatar
    Join Date
    Nov 2016
    Posts
    1,463
    Thanks
    3
    Thanked 97 Times in 62 Posts
    SubscribeSubscribe
    subscribed 0
    You known that te market move 24 hours and five days. You are analysis the evening than you want again work in the next day. You can see it the support make the resistance or resistancemake the support. So that you are work the market carefully.

    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.


  7. #1476
    Member salak will become famous soon enough salak's Avatar
    Join Date
    Sep 2017
    Posts
    219
    Thanks
    38
    Thanked 84 Times in 69 Posts
    SubscribeSubscribe
    subscribed 0
    Try to understand its activity, do not spend much time to help and resistance level.
    Use zigzag signal to evaluate in a few moments. Support and resistance levels are not difficult phrases,
    and there is no limit that we should use help and resistance 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.


  8. #1475
    Member Proud will become famous soon enough Proud's Avatar
    Join Date
    Sep 2017
    Posts
    255
    Thanks
    39
    Thanked 87 Times in 74 Posts
    SubscribeSubscribe
    subscribed 0
    Because the areas of support and resistance are strong areas and give a strong direction or re-test , and if this areas is strong
    can not fluctuate the price then, but become a strong movement of the price when it arrives.
    let's giving thanks to each other to increase the bonus

  9. #1474
    Banned kanita has a reputation beyond repute kanita has a reputation beyond repute kanita has a reputation beyond repute kanita has a reputation beyond repute kanita has a reputation beyond repute kanita has a reputation beyond repute kanita has a reputation beyond repute kanita has a reputation beyond repute kanita has a reputation beyond repute kanita has a reputation beyond repute kanita has a reputation beyond repute kanita's Avatar
    Join Date
    Dec 2016
    Location
    Indian Forum
    Posts
    8,101
    Thanks
    49,104
    Thanked 32,064 Times in 4,681 Posts
    Quote Originally Posted by ramzan003 View Post
    Try and apprehend the movement, do not waste the time aid and resistance. Use zigzag indicator to analyze in seconds. Assist and resistance isn't the difficult time period, and there may be no regulations that we have to ought to use assist and resistance.
    yes i agree with you and i say that in forex trading business trader must know the market support and resistance levels and trader use indicators to analysis the market technically and trader know the right time frames and trader follow the market right direction and when trader know the strong signals of market then trader make their trades profitable

    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. The Following 5 Users Say Thank You to kanita For This Useful Post:

    Aliakbar2016 (2017-09-27), batool (2017-09-25), incomejobs (2017-09-26), Proud (2017-09-25), sufiyan22 (2017-09-29)

  11. #1473
    Member ramzan003 will become famous soon enough ramzan003 will become famous soon enough ramzan003's Avatar
    Join Date
    Sep 2017
    Posts
    149
    Thanks
    346
    Thanked 119 Times in 98 Posts
    SubscribeSubscribe
    subscribed 0
    Try and apprehend the movement, do not waste the time aid and resistance. Use zigzag indicator to analyze in seconds. Assist and resistance isn't the difficult time period, and there may be no regulations that we have to ought to use assist 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.


  12. The Following User Says Thank You to ramzan003 For This Useful Post:

    incomejobs (2017-09-29)

  13. #1472
    Member gretan will become famous soon enough gretan will become famous soon enough gretan's Avatar
    Join Date
    Sep 2017
    Posts
    503
    Thanks
    62
    Thanked 151 Times in 117 Posts
    SubscribeSubscribe
    subscribed 0
    Although this unwritten rule is common law between merchants, but I still do not trust it 100%, because
    sometimes I still see that there is even resistance broken but this can be a new beginning of retracing action,
    I know events like this do not happen too often but the reason I say this is because
    I want to warn people that it still needs our analysis and not just blindly trusting what charts we have.

    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.


  14. The Following User Says Thank You to gretan For This Useful Post:

    Unregistered (1)

+ Reply to Thread
Page 19 of 167 FirstFirst ... 9 17 18 19 20 21 29 69 119 ... LastLast

Subscribe to this Thread (10)

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts

Currently Active UsersCurrently Active Users

There are currently users online. members and guests

Forex Forum India | Forex Community Place Statistics Forex Forum India Statistics

Most users ever online was .

Welcome to our newest member,

Threads:

Posts:

Member: