Support & Resistance Levels.

[makrazeeb]

Yeas bro, you are absolutely right. Support and resistant line is so mmmmmmuch important in this business to analyze tha market for opening any trade successfully. Without knowing about these it is not safe way to execute any trade. Therefore by finding out the support and resistant line for last three days are so strong to determine the market condition perfectly.

[Achyuta]

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).

these are very reliable and very profitable during trading forex is very risky and very difficult if we have no more knowledge and no more strategy's forex is very help full for us in the field of earning is we are experienced

[issssou]

Support & resistance is very much important in foreign exchange trading. If a trader successfully analysis it then they able to make profit immense. The bottom point of a tend is called support & the top level of the trend is called resistance.

[Mustarinho]

Support and resistance levels one of the most important thing in the forex analysis, you should learn about them before start before your real trading .. with them you can make a take profit or stop loss points .. good luck

[fxrana00]

resistance of the most important tools used and to assist in understanding. i get the eighty percent positive result of support there are always some very good entry and the exit points. I want to see when I log on to my trading terminal forex account.

[baija]

people post can be valuable but it'll be beneficial to many in case you give the image from the support along with level of resistance degree. currently i use this means of this support along with level of resistance degree. inside my demonstration buy and sell my partner and i obtain the 70 % good consequence of support along with level of resistance analysis.

[monirul-1234]

forex is a good currency business. very good information brother....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.All the best.Thanks.....................................

[mdjoy133]

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[tapu]

forex is a good money making business. The levels of the supports and the resistance is the foremost thing that I want to see when I log on to my trading terminal forex account. They are so important that your whole trade management is done through them.what do you tell about forex trading?....................

[tania.sultana117]

Protected support weight quantities is essential intended for Foreign currency trading and make certain the image is actually set, I take advantage of quite a few signs plus the weight of the signs indicates the Fibonacci quantities.