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buy at support and Sell at resistance is the key?


ali200

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  • 2 years later...

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.

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  • 10 months later...

The support and resistance levels are zones where price tends to hesitate or pauseร‚ย due to the fact that ร‚ย 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. ร‚ย 

Edited by ForexMartTrader
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