Jump to content

Recommended Posts

  • 3 weeks later...
Guest Dominator4fx
Posted (edited)

I need some help on learning how to figure out the daily support & resistance points.

Thank You

The best way is to see the Daily charts. Using the charts you will be able to see the Top and Bottom which would be the daily Support and resistance levels for the pair whose chart you are looking at.

Edited by Dominator4fx
  • 4 years later...
Posted

Pro traders, who have enough knowledge and experience they can figure out exact support and resistant points very smoothly! But till now I get confused to mark effective support and resistant levels. In addition, I know support and resistant is very important for knowing market trend status! that’s way, I follow professional market reviews of TradingBanks where is available daily support and resistant levels of major currencies.

  • 8 months later...
Posted

You can  figure out the daily support and resistance levels by calculating the pivot points. You may do manual computation using the formula, or use a pivot calculator.  Better still,, you may use a pivot calculator script on your trading platform that calculates and plots the pivot levles on your chart. 

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.



×
×
  • Create New...