+ Reply to Thread
Page 152 of 167 FirstFirst ... 52 102 142 150 151 152 153 154 162 ... LastLast
Results 1,511 to 1,520 of 1661

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

  1. #151
    Banned deep is an unknown quantity at this point deep's Avatar
    Join Date
    May 2012
    Posts
    536
    Thanks
    1
    Thanked 12 Times in 12 Posts
    Heiken Ashi candlesticks are actually an indicator and not a type of chart. You need to how studied the underlying pricinples of the Heiken Ashi indicator before you will be able to profit from it. Do not think that Heiken Ashi is a type of chart like Line, Bar and Candlesticks chart.

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

    Unregistered (1)

  3. #150
    Banned tarun2305 will become famous soon enough tarun2305's Avatar
    Join Date
    Jan 2012
    Posts
    1,293
    Thanks
    8
    Thanked 59 Times in 39 Posts
    Quote Originally Posted by lahore View Post
    when there is some fast flactuation in market tread at that time please avoid to enter the market. please keep analysis on market treand and placed your entery when you feel market is stable and sauitable for you.
    haan sahi time decide karne ke baad hi apni entry kare kyuki kai baar aisa hota hai ki market kahan jane wali hai ye kisi ko nhi pata hota hai aur ap trades ke beech me fanse hote hain

    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 User Says Thank You to tarun2305 For This Useful Post:

    Unregistered (1)

  5. #149
    Member redlion will become famous soon enough redlion's Avatar
    Join Date
    Apr 2012
    Posts
    180
    Thanks
    9
    Thanked 56 Times in 22 Posts
    SubscribeSubscribe
    subscribed 0
    it takes a strong market movement to break through a resistance level. when pivot points such as resistance levels are breached and the market moves beyond them and loose steam then the market tends to come back to the original possition but since it has moved beyond a pivot point, that then becomes a barrier and acts as a support level.since it takes a strong movement of the market to breach a pivot point the general movements stop at these points and reverse direction. thereby the previous resistance level now becomes the new support level. i hope that my explanation is understandable and satisfactory to u.

    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. #148
    Member iwan is on a distinguished road iwan's Avatar
    Join Date
    Feb 2012
    Posts
    348
    Thanks
    0
    Thanked 48 Times in 25 Posts
    SubscribeSubscribe
    subscribed 0
    as support and resistance points can not be determined exactly, sometimes all the theories about it are always wrong when we are faced with market conditions that are influenced by news factors. so that I do always put SL to close a trade when it suffered a loss so as not to become even greater.

    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. #147
    Member forexgain is on a distinguished road forexgain's Avatar
    Join Date
    Apr 2012
    Posts
    152
    Thanks
    0
    Thanked 17 Times in 8 Posts
    SubscribeSubscribe
    subscribed 0
    by the way you are a pivot trader and you must be in knowledge of it that why does the previous resistance becomes support . it is because the natural way of support and resistance is the same that if we have to go on top of the hurdle and we cross it then it becomes a very good support for us to stand

    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. #146
    Member got2luvyou25 is on a distinguished road got2luvyou25's Avatar
    Join Date
    Feb 2012
    Posts
    483
    Thanks
    7
    Thanked 25 Times in 18 Posts
    SubscribeSubscribe
    subscribed 0
    Quote Originally Posted by kalex76 View Post
    When a resistance been broken that trading pair goes to the next level .....
    Thus that time it becomes the support level as if the trade pair breaks again that new support ..it may go down ...
    ye always fix nahi ha k ager resistance break hui ha to makret new level bana le gi some times aise hota k serf thori se retrace hoti ha jeb tek resistance break ho ker few hour completeing per trend nahio benta to hum ye nahi ka sekta k new level market main a sekta ha

    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. The Following User Says Thank You to got2luvyou25 For This Useful Post:

    Unregistered (1)

  10. #145
    Member aina is on a distinguished road aina's Avatar
    Join Date
    Apr 2012
    Location
    at Home
    Posts
    201
    Thanks
    0
    Thanked 25 Times in 14 Posts
    SubscribeSubscribe
    subscribed 0
    Once the resistance is broken considerably then the price does not fall below that level, making the previous resistance as the new support for the reason that the orders and the interest then lies on the upper side and the 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.


  11. #144
    Senior Member khaled24 will become famous soon enough khaled24's Avatar
    Join Date
    Mar 2012
    Location
    Egypt
    Posts
    217
    Thanks
    3
    Thanked 76 Times in 55 Posts
    SubscribeSubscribe
    subscribed 0
    It is obvious , when breaking the resistance level as example by any pair , then the pair became above that level , then it is converted to support level for the pair , when the pair is trying to fall down , then it will face this previously called resistance level and recently called support level , then the most probability is to move up especially if it is a strong level

    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. #143
    Senior Member wendhrie is an unknown quantity at this point wendhrie's Avatar
    Join Date
    Apr 2012
    Posts
    172
    Thanks
    0
    Thanked 6 Times in 6 Posts
    SubscribeSubscribe
    subscribed 0
    Maybe, all traders have knew this statement, I think. Support and resistance are the levels where new traders enter the market in the opposite direction. A support is broken when the expected traders do not enter at that point and vice verse. So do a 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.


  13. #142
    Senior Member Nabi Ahmed Gill is a jewel in the rough Nabi Ahmed Gill is a jewel in the rough Nabi Ahmed Gill is a jewel in the rough Nabi Ahmed Gill's Avatar
    Join Date
    Mar 2012
    Posts
    1,022
    Thanks
    0
    Thanked 315 Times in 133 Posts
    SubscribeSubscribe
    subscribed 0
    Quote Originally Posted by pivot-trader View Post
    Why does when a resistance get broken it becomes a new support ? I see people open trades below and above these levels , which is quite common. But what is the reason?
    mauja es post ke bilkul smaja nahi a rhai ha pata nai pa na ka lakaha ha tradign ka bara main or ap trading ka bra main pata nahi ka kahan chata hoo or es ka kay mataltab hao sakta ha bus yahi sawaal ha tradig nka.

    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.


+ Reply to Thread
Page 152 of 167 FirstFirst ... 52 102 142 150 151 152 153 154 162 ... 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: