In today forex FAQ, we have a question from one of our fellow traders asking me the importance of S&R in trading. Below is the question: Hello I will like to thank you for this forex blog as it has given me more confidence in trading after reading through it. However I have a question…
Is Fibonacci Support and Resistance Better?
In today forex faq, we have a question from one of our fellow traders regarding support and resistance level. Below is the question: Which one is better, fibo for support and resistance or I draw the lines by myself, and what’s your trading style? Do you know any indicator moves the stop loss to break…
Knowing Your Forex Support and Resistance
In the forex faq session today, we have a question from one of out fellow traders asking the below question: I am having a problem in knowing the support and resistance levels. Assume today is Monday and the Eur/USD at 9am was 1.32 then at 10am it was 1.30, how do you do the Supp…
How To Identify Support and Resistance
In today forex faq, we have a question regarding support and resistance levels. Below is the question: Support and Resistance seem a very important part of trading – but what is the best way to find relevant levels? You are right to say that support and resistance are important part of trading as the price…
Support and Resistance Indicator Explained
Knowing the major support and resistance levels is very important in forex trading and the best way to do this is through the use of several support and resistance indicators. Most of you have heard of major swing points as support and resistance and do not know anything about indicators that can provide you with…
How To Find Forex Support And Resistance
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…