how do you use support and resistance.!

Good morning my friends.
Many trader have make styles and use support and resistance in market very well. The same concept applies to sellingat resistance. Wait for a consolidations near the resistance area then international trade when the price drop below the low of the small consolidation. when buying place a stop loss several sans pillows support and when shooting place a stop loss several sends above resistance.

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There are no secrets and mainly the market has strong points in that levels which already was high or low levels of the chart a trader can determine them in some seconds and it can be also particular levels which matching the movement situation use this method and practice with it for fresh results. I think there is a standard formula by which we can use a support and resistance level to calculate the right position and if we are able to find the support and resistance level in right place we can increase our profit and the possibility and start making money from good trades.

Welcome to on Forex mt5 forum. According to my knowledge. Price charts allowed traders and investors to visually to I areas of support and resistance, and the gave clues regarding the significance of the price level. More specifically, thy look at: numbers of touches. The more times the price tests are sports are resistance area, the more significant the level becomes..

Yes my dear bro I also agree with you. Morning. Opinion to me. The same concept applies to sellingat resistance. Wait for consolidation near the resistance area, then international trade when the price drops below the logo of the small consolidation. When buying, place a stop loss several sets below support and when shouting place a stop loss several sets above resistance.

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