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

  1. #1071
    Banned boda be is an unknown quantity at this point boda be's Avatar
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    wo rate hota hai jispe bahut zada selling hoti hai aur resistence wo vaklue hoti hai jispe bahut zada buying ho jati hai..
    isliye jaise jaise supportya resistance break hote jate hai, wo interchange ho jate hai..
    forex me support aur resistance ki bahut value hoti

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    Senior Member alvarez4exer is an unknown quantity at this point alvarez4exer's Avatar
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    Why does previous support become resistance and vice versa?
    writing options in our markets when and as we find this tactic to be advantageous
    to us? The only rationale that I can see for not applying various forms
    of this tactic to our trading is a combination of (many) traders unfamiliarity

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    Senior Member goggo is on a distinguished road goggo's Avatar
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    I think that the good answer is that this is the nature of the market , the support become resistance because most of traders set a lot of pending orders with the previous broken support and wait for the market to return back for the test and that's why you find that the market respects this level.

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  4. #1068
    Senior Member zego ze is an unknown quantity at this point zego ze's Avatar
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    most novice traders ignore this
    whereas candlestick is a reflection of power between buyers and sellers
    and we are expecting where prices will move only by observing the pattern

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    Banned KASHIF is an unknown quantity at this point KASHIF's Avatar
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    dear freins according to my knowledge When previous support is broken, it becomes resistance, when previous resistance is broken too, it becomes support. So when entering a trade, you put your stoploss at the support or resistance level as the case may be........ thanks...

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  6. #1066
    Member brimoel is on a distinguished road brimoel's Avatar
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    Hello my dear friend, i think the Support as well as strength is not your daily difficult term, as well as presently there is zero rules whom we would have got to manage help and even strength, and when break it becomes actually resistance many times but not all the time and when resistance break then it may be a support which is good. Good luck man!

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  7. #1065
    Banned asim.bashir is an unknown quantity at this point asim.bashir's Avatar
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    dear friend...Mujhe is barey mien pata nahi hai abhi kiyoun key mien beginner houn mien ney Forex key fundamentals ko samjhney ki koshish bhot he ziada ki hai but mien successful nahi ho saka is ko samjhney mien.....aur ma bohat hardwork kr rha hu ..aik din zaror kamiyab hu ga...thanks

    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. #1064
    Senior Member eniolafx is an unknown quantity at this point eniolafx's Avatar
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    The reason why the previous support become resistance is because it is not support before.trader need to be very careful in the forex market trading business.trader need to always have a good knowledge and good strategy to earn

    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 Medo.Forex is an unknown quantity at this point Medo.Forex's Avatar
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    This is somewhat a mystery that exists in this trade business, I think that it is actually hard to explain. All that a Forex trader needs to do is to good learn the spots to find Support and Resistance and use it to trade 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.


  10. #1062
    Banned minok is an unknown quantity at this point minok's Avatar
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    well actually my dear, we know that S and R lines often receive a lot of attention from news sources like Bloomberg. We are led to identify a particular price as a decisive or key level and when it acts accordingly, the significance of these levels is easily established and when any level like support is broken now when price came to that level again and gets decline over and over that's where the resistance is created. Resistance and support lines are price levels which temporarily halt.

    ---------- Post added 08-25-2015 at 02:56 AM ---------- Previous post was 08-24-2015 at 03:38 AM ----------

    well actually my dear in forex do I consider if we say support it means when the trend is bearish it will find some ground in that point.and maybe will pull back .or it may break it.and resistant is the opposite side of it.most of the trader think the same way.if the trend have to go any side it has to break support or resistant line to go up or down.or it will stay in that range.

    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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