Try to understand the movement, don't waste the time support and resistance. Use zigzag indicator to analyze in seconds. If any currency pair crosses any particular support or resistance, then it will automatically become its opposite.. May be more appropriate if it is because the habits of the market.
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determine because in a good position that we have to wait on a price that we feel is right and we can also use as a means of obtaining a profit in a trade on konsiten we did before so this way we would be benefit
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.
to my knowledge it is happening because of the habit of trader but that make me confused ,currency prices are not only infused by trader..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.
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i think resistance when broken turns to be support because sellers are totally absorbed and more buyers come in and acquire more confidence in more rallyand vice versa.
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.
For me i trade Forex for several year and i love it so much, when i trade the Forex, i use the fundamentals and the technicals too. my advise is you should trading demo firstly and then you can trades the real account, money management and the risk management is very important really !!
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.
it the rule of the forex market when market crosses a level means break a level then it will be tough for market to move below that level these levels are called resistance and support levels.Good luck in the 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.
Its all because nothing is constant in the forex market. The trend may be upwards one time and very next moment it could be downward. With change in trend even the support and resistance change.
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.
for me its because the market is always dynamic and when the trader find that the pair is in string trend, they reverse their positions on the level of support and resistance from selling to buying, this changes its nature till another strong trend breaks it 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.
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..
For example, 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.
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 purpose.
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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