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Thread: Simple definition (support, resistance)

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    Member xomes is on a distinguished road xomes's Avatar
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    Quote Originally Posted by pisses[69] View Post
    Yes but also Stop-loss is necessory for forex trading, you can set your stop-loss after analyzing the forex market trends, I think this is a good way to avoid risk, the tansaction will stop when the forex trends go wrong with your estimates,which can minimize your loss.
    Doing strategy in cluding stop loss and others requires much time to learn,make simple strategy which easily learn and can win profit from forex trading.we will try our best to asquire more trading strategies which can greatly minimize the risk when we trade.

    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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    yes it is important that we need to find the supppor and resistance in the chart and identify them to our advantage for this im just using the fibonnacci tool to let me identify the highest high and the lowest low of my chart but since i need to be careful since trading does not rely on technical alone.you can use h1, h4 .

    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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    Banned Borhan107 is an unknown quantity at this point Borhan107's Avatar
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    Yes your defination for support an resistance is understanding. It is good stragy for forex trade. I think it can be usefull for all trader. Tanks to you.

    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 nahial is on a distinguished road nahial's Avatar
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    Support is one of the most widely used concepts in trading. Strangely enough, everyone seems to have their own idea on how you should measure support and 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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    Member goldenmember will become famous soon enough goldenmember's Avatar
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    Level of support and resistance is usually made because traders are trapped in a position. They want to get out of losing position and this means there are willing buyers or sellers at this level. This is why you get it - you also get people joining in because they know they are there.

    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 saiket is on a distinguished road saiket's Avatar
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    Thank You for sharing this theory hope it will help new traders or persons who are thinking to join forex trading to learn support and resistance properly.

    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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    Banned sharabela will become famous soon enough sharabela's Avatar
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    As we all know support and resistance are two important factors in Forex trading. You really have defined them in a simple way that goes nicely with your title. Could you please tell us what the indicators are to find out support and resistance automatically. In fact, I do not even know if there is any? That would be very helpful for the new 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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    Member masudraj is an unknown quantity at this point masudraj's Avatar
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    you explain about support and resistance . i think it is very important topic for every trader. i achieve more knowledge about support and resistance by your valuable post... thank you.

    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 mukta is an unknown quantity at this point mukta's Avatar
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    Support and resistance is one of the most widely used concepts in trading.When the price passes through resistance, that resistance could potentially become support.

    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.


  10. The Following 2 Users Say Thank You to mukta For This Useful Post:

    Ahmadali (2019-08-25), Bindas36 (2019-08-20)

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    Senior Member mukta is an unknown quantity at this point mukta's Avatar
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    When the market moves up and then pulls back, the highest point reached before it pulls back is now resistance. As the market continues up again, the lowest point reached before it climbs back is now support.

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

    Ahmadali (2019-08-25)

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