Simple definition (support, resistance)

[ArfianFx]

You make it very simple, we can get big gain if our trade with support and resistance, but a lot of new business man doesn't look on support and resistance for trade its reason is subject to be trade with resistance support and business man needs patiance because offers one entry in one day or two times only.

[skyonline7866]

Yes your definition of support and resistance is good for understanding. I am copying this and try to memorize. It will help me in developing the definition of other terms of forex trading.By knowing the points of support and resistance trend we can predict the market direction of motion because psychologically most traders believe these points, although not 100% accurate ....

[mdjoy50]

i would like to Explain a simple explanation for the support and resistance and their importance, and I hope you like good like forex

---------- Post added at 11:15 AM ---------- Previous post was at 11:12 AM ----------

i would like to Explain a simple explanation for the support and resistance and their importance, good like forex forum thanks

[mdjoy16]

The break of support and recording new lows indicates that sellers have won the battle, and They are willing to sell even at low prices.
good like forex forum indian thanks

[Andra FX]

Support and Resistance Trading based on it can be used as a reference for open trade buy / sell, but in my analysis of trade Support / Resistance does not always accurate though a lot can be considered open trade, the market is also influenced fundamentally interchangeable, so it should be harmonized between engineering analysis and fundamentally not so gan .....

[md mofizur rahman]

Yes as a trader always have to know the where is the support level and resistance level. which shows the price is cheaper or not and which help us we have open a trade or not. If any one follow this he will do profit accordingly.

[dennyandre]

Suppose a price movement in an up trend then changed to trend down, the turning point of the trend up to trend down is called RESISTANCE limit. Rather the point where there is a change of trend down to the rising trend called SUPPORT limit.

How to determine the limits of support / resistance with a simple line?

This method is the simplest way to determine the levels of support and resistance. Without the use of formulas, calculations, you can apply this way. Although simple does not mean the level of usefulness is also reduced. Even simple line can be said to be "THE EASIEST METHOD BUT EXTREMELY POWERFUL".

In order to determine the levels of support and resistance line simple method is straightforward. (To limit resistance) you can simply look at the highest price in a period and then draw a straight line as the green line in the picture below. This line will give an indication to you that you can have a price forecast for this

[kopil]

The level of support, it is believed that the demand will be much more of the available and will prevent prices from landing to
Below the support.

[ctgboy]

What is support ?:
The support is the price level which is believed to have such a strong demand insufficient to prevent the price from falling
More.
It makes sense and holds that while the price falls toward the support and becomes cheaper, the buyers Become more inclined to buy and sellers become less enthusiastic for sale, and with time the price reaches

The level of support, it is believed that the demand will be much more of the available and will prevent prices from landing to
Below the support.

[mcceducation]

so many thank you for the nice explain about support and resistance. i am not very good about support and resistance but i am learn you share article and i am thinking its very nice explain so i am copy your share and i am save my Forex guide folder learn again.