Before you even consider buying or selling a currency pair, it’s imperative to identify key support and resistance levels.
By doing this, you can establish a game plan for future price movement.
In other words, all you need to do once you have these levels on your chart is sit back and watch for buying or selling opportunities.
This practice of marking support and resistance first not only helps remove emotions from trading but it also allows you to identify second and even third chance opportunities.
Daily Price Action
We hope you enjoyed reading the above post. How about helping us share the information to your fans and friends on social media? Meanwhile, you can rely on us daily for the latest and relevant free forex trading signals, free forex trading market news, free forex trading technical levels, weekly Pool draws, latest news from Nigeria and the world, educational articles and quality academic information, insurance news and scientific knowledge.
Do you need a classical ORGANIST or an excellent music teacher? CALL Fabian on 08033983034 or email him at firstname.lastname@example.org
Follow us on twitter @newsbeatportal
Engage #SantexTech today to build & install inverters, training on inverters & other electronic designs, projects/kits. Call 08039574535
Click to join Talk Nigeria Today, a group where hot, controversial, and breathtaking issues are brainstormed upon.