Support & Resistance Levels.

[soneya]

service in addition to resistance degrees can also be just one style of dealing approach mainly because it is facilitates with positioning obtain when it reaches this a couple degrees and as well explain check out connected with current market way... in addition to commonly this is simple to implement.

[Mobisola]

Let talk about support & resistance

Resistance Level - A Resistance Level is drawn horizontally at the height when one recognizes a ceiling price area that a rate repeatedly tries to upwardly break through, but with no success. Within this level, whenever the rate increases and reaches the ceiling (or nearly reaches it), it pulls right back.
A Resistance Level is drawn horizontally where most peaks appear.

A Buy Signal is received when the Resistance Level is broken. One must make sure that the Resistance Level is clearly and definitely broken, meaning that the Candlestick's Closing rate is above Resistance Level and that the Candlestick is green (i.e. going up).

The quality of a Resistance Level increases:

The more peak points it touches.
The bigger the Candlesticks created around it get - body or shadow

Support Level - A Support Level is drawn horizontally at the height when one recognizes a trough level area that a rate repeatedly tries to go break through below, but with no success. Within this level, whenever the rate goes down and reaches the trough (or nearly reaches it), it pulls up right back. A Support Level is drawn horizontally where most low points appear.

A Sell Signal is received when the Support Level is broken. One must make sure that the Resistance Level is clearly and definitely broken, meaning that the Candlestick's Closing Level is below Support Level and that the Candlestick is red (i.e. going down).

Be careful when dealing with support and resistance level,use the support and resistance level on your chart and someone else chart because support and resistance level can be different on different chart so it is the levels on your own chart that you can use

[baidi]

thanks to all of you for this useful.support and resistance level are new things for me.now i have learned about these levels through these useful posts and this forum thank to forum fellows and specially forum

[ForexLover]

Well after double top than the support level at low and at high there is resistance level, and similarly after double bottom the support level at low and support level at high.

[waqar6091]

hello guys about your post i think that .support and resistance levels are also one type of trading strategy because its helps in putting order at this two levels and also make clear view of market direction... and usually this is very easy to understand thanks for the post take care and keep trading

[forexpips]

there are above two level in this Forex trading 1st is support level in this when market came dawn then some point hold it . 2nd point is resistance it is point when market go up and some point hold market for some time that is called resistance level these two level very importance for forex trading.

[torikazi]

This is just about the excellent approach within fx trading. beginner slip within uncertainty to be able to sketch this kind of at first time period. nevertheless right after train the problem is usually defeat. it's numerous used these kinds of simply by sketching this kind of we could effortlessly analyze each of our every day focus on these kinds of access point, leave position, quit burning in addition to take earnings additionally.

[mountainbird]

that is a good technical way to make success in forex. i think when we learn forex and trading rules then after that we learn about technical tools and analysis. so support and resistence levels are the first step in technical trading

[ibyousaf1]

the above given techniques are given in the forex trading sites is that when a man and the woman are going to the lower site and in the lossing of the money side we can adope these types of the technique so that we canable to make the online money on the trading sites which is the called the hedging techniqe which is using for the avoidin of the loosing of the money.

[trad3erIn5ta]

that is a great way to take money in forex trading. first when i join forex i dont believe on support and restensis points. because i was wonder that how any technical point can make impact on market. but then i make practice on demo and find it quiet best option.