Important Forex Support and Resistance Levels
In today forex faq, I will be going through this question by one of our fellow traders. How can one know when a strong support and resistant level is? In my opinion, the strong level of support and resistance are the following Pivots Fibonacci Major Swing High or Low The pivot levels are usually used [...]
4 Effective Ways To Place Your Stop Loss
In this week forex faq session, I will be answering this question from one of our valuable member of this blog. Would you please explain where to place stop losses with trend line break strategy? When answering this question, it also applies to other trading strategy such as breakout trade, range trading and so on. [...]
How To Find Forex Support And Resistance
January 27, 2010 by Kelvin
Filed under Forex Tutorial
This is one of the most commonly asked questions among traders’ especially new traders who have just joined the field of forex trading. When I first pick up forex trading, I am having problem with finding support and resistance. I have read books about candlestick patterns and they simply tell me that support and resistance [...]
