Source of your Resistance and Support
Results 1 to 4 of 4

Thread: Source of your Resistance and Support

  1. #1
    I am new with forex. I know that there are alot of ways to learn alot of resistance and encourage stage. Should I concentrate using the resistance and encourage information offered by dailyfx or another forex site because most people may rely on them?

  2. #2
    Practice different peoples projected resistance and supports on several demo accounts. Another account for each different individual projecting. This way you get an notion of who's more appropriate... if that helps????




    Mike...

  3. #3

  4. #4
    I believe the ideal thing to do is to learn the tools most traders use for support and resistance(i.e. channels, trendlines, pivot points, fib lines, etc.), and develop your system to find SR and how to trade them. It could take more time to develop and implement a winning egy, but you don't need to rely on somebody or a business who might not be down the road. If you have queries about the best way to use a few of the tools mentioned above, there is lots of free information online, or just ask any of the forum members, including myself. We are all here to help.

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  
This website uses cookies
We use cookies to store session information to facilitate remembering your login information, to allow you to save website preferences, to personalise content and ads, to provide social media features and to analyse our traffic. We also share information about your use of our site with our social media, advertising and analytics partners.