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

  1. #871
    Member sujitbain25 is an unknown quantity at this point sujitbain25's Avatar
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    In my trading communication I do not use the livelihood and resistance, may be I am not safe enough swap with them, this technical did not work me to pretend profits so I upright result them all and now I am using exclusive the a wheel averages.

    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. #870
    Banned tarek001 is an unknown quantity at this point tarek001's Avatar
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    ry 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

    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. #869
    Banned shetuacca is an unknown quantity at this point shetuacca's Avatar
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    My opinion is 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.


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    Banned tarek001 is an unknown quantity at this point tarek001'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,

    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.


  5. #867
    Senior Member gimagimapu is an unknown quantity at this point gimagimapu's Avatar
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    Because it breaks by the movement of the price and then the price is ups and downs up of the previous resistance line and the that resistance line is called as the support for that time.

    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 mst.prokash is an unknown quantity at this point mst.prokash's Avatar
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    Attempt to understand the particular mobility, will not waste materials any time help along with weight. Work with zigzag sign to analyze throughout just a few seconds. Help along with weight is not the particular tough time period, along with there isn't any limitations that any of us should have make use of help along with weight.

    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. #865
    Senior Member Kashif.Rizwan is on a distinguished road Kashif.Rizwan's Avatar
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    yes, i think, we Try to understand the movement, don't waste the time support and resistaI . but i also, think the support and resistance is a reflection of the strength of the sellers and buyers
    where they are clashing power to control pricesnce.

    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. #864
    Senior Member amjadiqbal is an unknown quantity at this point amjadiqbal's Avatar
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    g han g main aap se agree kerta hon lekin aap ager newbie ho to ap demo account ka sahara lo . aur aapko different trends aur behaviour dekh ker market me entre kerna chahye .

    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.


  9. #863
    Senior Member hugos is an unknown quantity at this point hugos's Avatar
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    Quote Originally Posted by mayengbam View Post
    right 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 positions.
    Pros trade from a plan and novices trade from emotion......Emotions are a constant nuisance to trading and may form part of trading if the trader is not careful, but one of the best methods to get rid of this bad habit is to build a good trading plan that guides on placing and exiting trades

    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. #862
    Banned shetuacca is an unknown quantity at this point shetuacca's Avatar
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    I think this is very basic theory of forex trading. If any currency pair crosses any particular support or resistance, then it will automatically become its opposite. For example, 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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