Plz some one tell me about Support, Resistence and Moving Average.

[sumonmia0526]

you can easily get the support and resistance and moving average indicators in mt4 terminal .all are free and you need to set it on your chart for checking the market situation and all the indication of this indicators .support is the low level of the chart and resistance is the high level of the chart price.

[Blast]

Supports are price levels on the chart where the market has tested and cannot break below it. Resistance levels are price levels that the market has testes and cannot break above it. Moving average is an indicator that helps to read the average prices over a certain period of time.

[asim.bashir]

dear friend....yes we can depend on forex only.forex is a good source of earning.but before taking forex as our career we need to learn forex well.who can make good trade in forex he can bea good earner from here.i take forex for my only earning source.....thanks

[alphatrader]

Support resistance are all the major levels that is seen all around the globe by the traders therefore it becomes a very healthy profit taking opportunities. Support lines are the lowest candlestick level which is tested by the price action for more than two times and resistance is just opposite of support lines it is in the top.

[mmt]

So the best thing to do is to concentrate on 2 - 3 indicators and work out with it for a considerable period so as to know the pros and cons of the indicator and then try another 2-3 sets of indicator. Its a proper ways to learn instead of hopping around from one indicators to another searching for the holy grail. i like moving everage because it is faithful to me and it helps me a lot this is a very powerful technical indicator

[zego ze]

I also use ema 200, which I combine with 34 ema. many traders called ema 200, the golden line. because just by looking at a line ema 200, we can see the trend is going to happen.
If prices break through ema 200 from below, it will happen soon rising trend. so is its opposite. I wear it in

[Medo.Forex]

The Moving average is a Forex Indicator that uses averaging to give a Forex trader signals, The support and resistance on the other hand is places of demand and supply an then Forex traders can use them to analyze entry and exit points in the market.

[dafi]

Well to me I personally do believe Support,resistance is support and resistance Levels. A trader uses it to make analysis about settings of their TP and SL. The Moving average is a simple averaging Forex Indicator needed for trading.

[kahenaforex]

market the stocks within the basket move. This momentum will
drive a few of the stocks within the basket in a trend direction for an
hour or more. This strong trend move is what basket traders are
looking for, and most stocks will be impacted for a short period of

[gin]

in fact to me I personally think support and resistance is useful for making technical analysis. Just draw manual lines on top and bottom of the candlestick formations. Bottom lines are support and top lines are resistance. Moving averages will show the average movement, we may adjust the settings to any time.