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

  1. #181
    Banned Fmfx is an unknown quantity at this point Fmfx's Avatar
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    There's hundreds of different types of price actions involving what you've described (resistance becoming support or support becoming resistance)

    Please post some charts to get answers that's specific to the type of price action on the charts involving this generic situation you've described.

    Regards

    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 sumon khan is an unknown quantity at this point sumon khan's Avatar
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    This very basic of Forex trading.
    Try to understand the progress; don't waste the time support and resistance. If any exchange pair crosses any particular support or resistance, then it will automatically become its differing,
    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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    Junior Member nayan0089 is an unknown quantity at this point nayan0089's Avatar
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    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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    Member wulandari is on a distinguished road wulandari's Avatar
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    its because market need some correction after some buyer or seller taking profit alias close their position to make another position, thats why after price break resistance, its become support for continue up movement

    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 the any currency pair crosses any particular support or resistance. The sellers and buyers where they aye clashing power to control prices.

    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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    Quote Originally Posted by skboyra View Post
    in forex the market price of the currency always up and down. it change on every moment. as a result in the chart of the currency price the support of the price can be turned to resistance within a minute but you have to take decision on your efficiency.
    yes this change would always occur if the arak movement in the opposite direction to your liking it can cause losses greater then the stop loss can make the choice to secure it, it is best you how to properly supervise the movement that happens so they can take action

    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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    Member skboyra is an unknown quantity at this point skboyra's Avatar
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    in forex the market price of the currency always up and down. it change on every moment. as a result in the chart of the currency price the support of the price can be turned to resistance within a minute but you have to take decision on your efficiency.

    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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    Member got2luvyou25 is on a distinguished road got2luvyou25's Avatar
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    Quote Originally Posted by Nusrat View Post
    I think support and resistance is not big matter if you have idea about the other analysis like fundamental and technical and trend line because i think trend line is the best strategy to trade in this market with low risk.
    serf support and resistance ka idea hona kafio nahi ha , ager aik trader in dono levels ki understanding mean masterb ke lete ha then only by using the support and resistance the profit can be make

    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 farhannasir is an unknown quantity at this point farhannasir's Avatar
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    Try to comprehend the activity, don't spend plenty of time assistance and level of resistance. Use zig-zag signal to evaluate in a few moments. Support and level of resistance is not the difficult phrase, and there is no limitations that we should have to use assistance and level of 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.


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    the advantages of Forex trading are many and enormous but the risk involved is even greater as what an individual worked for in a year can be gone in seconds

    If you know more about forex just say it, not only posts a row and a half. You must explain in detail if you are in the field, if I have to learn and then come and comment here.

    Each has one opinion (better or worse) about forex, so that each has its own advantages and disadvantages conception. It is possible that what I was thinking not just like another, like the different strategies between two traders.

    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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