Support is the lower price where market is kind of stable and where the overall sentiment of the market is bullish again. And resistance is the higher price where market has a hinge to break if it has to move even more up. Moving average is just an indicator like any other and since I don't use it so I would stay quiet about it.
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Support and resistance is very basic thing in forex you have to master in it before trading on it.some time pair breaks the support and resistance level and go toward for new support or resistance level. If you want to know current support and resistance level then you must know about Pivot point.
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I think if you found the price move up it mean it is support but if the price move down it means it is a resistance so that you can trade with this way easy.
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.
Hi friends, i am a newbie in forex trading market .as i am new in here so i do not know about support ,moving average and resistence .can anyone inform me about those subjects.
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.
bro aap jab chart ki analysis krenge to aapko pta chalega ki ek point se currency baar baar up ya down bounce ho jaati hai currency pair uss line ko cross nae kar paata hai wahi support resistance hota hai aur aap hourly chart ka analysis karke daily ki movement pta kar sakte hai.
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.
dost support aur resistance bahut jaruri hota hain aapko janna hoga ki asal mein ye kis tarah se work karta hain iski books hain aur kafi websites bhi hian jaha par humare ko acha sikhne ko mil sakta hain bhiaya ji
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Dost support aur resistance ek price zone hote hain jahan par price pahunchne ke baad rebound karta hai, aur agar use cross karjaata hai to dusre level par jaakar rukta hai, jab price up ward move karta hai aur jis level se re bounce karta hai use resistance zone aur jab down jaata hai aur jis level par rukta hai use support zone kahte hain. Aur kai trader is ko follow kar ke bhi trading karte 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.
hai jan apne ye aik acha thread bnaya he or jo pocha he me unkay baray me kuch btata hn jo mujay pta he. support wo point hota he jahan pr mostly buyers currency ko mostly buy krtay hn apni trade phr lgatay hn. or resistence wo point hota he kay jahan se trend agay na brh rha ho. chahay down trend ho ya moving trend.
Last edited by jani1; 2014-07-10 at 11:59 PM.
Brother I do not know the brief about the support and resistence and moving average, because i am just practing in the system and have not enough experience in this system.
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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---------- Post added at 10:44 PM ---------- Previous post was at 10:43 PM ----------
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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.
npgit (2014-07-10)
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