buy at support and Sell at resistance is the key?

[ali200]

i heard that we should buy at support and sell at resistance ?? how much you believe on this.. i know sometime market goes against but what is the result at most of the time....?? profit or loss??

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[mak123]

We can depend on it but not with blind eyes we should also have our own analysis as it is rightly said it can go against also..but most of the time it results in profit.

[Tanzil Al Banna]

Great point you mentioned there! Exactly, support and resistant are very important for realizing Forex movements. As a new Forex trader naturally I do not understand actual support and resistant points but interestingly I get daily important points in my email from TradingBanks as their live market review. As a result, I can locate market trend comfortably.

[ForexMartTrader]

The support and resistance levels are zones where price tends to hesitate or pause due to the fact that  there are lots of buying and selling activity. It is often a good place to enter the market when thee are strong indications that the price has decided to move in a certain direction.  

Edited March 23, 2017 by ForexMartTrader