Support and resistance levels in trading

[Myra Wilson]

People consider the importance of Support and resistance levels as the key to profitable Forex trading, but some claims exist to best identify them. Moving averages, pivot points, and other derived indicators usually serve as a level of effective support and resistance. But there is no basis for this. It is better to research about those levels. That’s why I am learning from Eurotrader educational resources.
 

[gds221]

Understanding the essence of these tools comes from experience. As for me, these are quite important aspects that a trader should know.

[Gidencenti]

I would like to note the high-quality work of the supports on the Amarkets platform, I have been working with them for a long time and I am satisfied with the quality of work

[gds221]

I believe that the support service is very important for a broker to work. And those companies that are interested in a good relationship with customers will always follow the work of this service.

[Mirinael]

The support service is an indicator that gives us the opportunity to assess the reliability and openness of the broker.

[Gidencenti]

working with a broker, there should always be a response from the company's employees, because situations are different

[FXOpen Trader]

On 4/28/2021 at 12:07 AM, Gidencenti said:

working with a broker, there should always be a response from the company's employees, because situations are different

I have been doing my Trading with the help of the International Broker FXOpen from more than 10 Years now

[bearhugs]

A key concept of technical analysis is that when a resistance or support level is broken, its role is reversed. If the price falls below a support level, that level will become resistance. If the price rises above a resistance level, it will often become support.

[FXOpen Trader]

On 4/30/2021 at 12:02 AM, bearhugs said:

A key concept of technical analysis is that when a resistance or support level is broken, its role is reversed. If the price falls below a support level, that level will become resistance. If the price rises above a resistance level, it will often become support.

When we are trading we will need to manage our trades and use the correct Support and Resistance levels.

[Gidencenti]

the work of the supports can affect your results in general too much, that's why I chose Amarkets for myself, they like the excellent response of the supports and managers, they work well

[gds221]

It is worth understanding that these are really important aspects in the work of the trader, which really need to be understood.

[Vaabum]

For me, the issue of the work of the support service plays a crucial role. In general, we can say that this aspect plays an important role for work!

[gds221]

For me, the quality of the support service plays a rather important role. From my experience, I can say that this should also be paid attention.

[Michael Butcher]

I believe that the broker, who gives 24/7 support is the best. It's important to find out this information before starting to work with a broker. I can recommend you to visit site Finarm. It helped me to find lot of info about brokers.

[Vaabum]

As for me, now these aspects also play a rather important role. At the very least, I would recommend paying a lot of attention to these aspects.

[gds221]

In my opinion, these are really important aspects for the work. In general, everyone, of course, draws conclusions on his preferences, but the overall picture is about that.

[FXOpen Trader]

On 5/13/2021 at 12:21 PM, gds221 said:

In my opinion, these are really important aspects for the work. In general, everyone, of course, draws conclusions on his preferences, but the overall picture is about that.

If we will use a trading systems that are reliable we can get to make more income also from this business.

[uncle gober]

the existing trading system must be able to be considered properly, this is done so that traders can become better and can be more leverage in carrying out trading activities that are in accordance with expectations together with Tickmill.

[Vaabum]

These are really important aspects in trading, which at some point can play a crucial role for the trader.

[FXOpen Trader]

23 hours ago, Vaabum said:

These are really important aspects in trading, which at some point can play a crucial role for the trader.

We need to make use of the Support and the Resistance levels when we are doing our trades.

[Dora Wi]

Trading on support and resistance levels is a good trading strategy - of course there are many other ways to trade, too, so at the end of the day it comes down to preference and what strategy suits the current state of the market.

[Vaabum]

Strange as it may seem, but these aspects also have a rather strong influence on the result, and you need to be prepared for this. Otherwise, it will be difficult to get the result.

[uncle gober]

the existing preparations must be able to be considered properly, this is done so that traders can be more leverage in carrying out trading activities while on a real account together with Tickmill.

[Vaabum]

These are really important aspects. In general, when choosing a broker for work, you should pay attention to many aspects of work.!

[FXOpen Trader]

On 10/19/2021 at 10:53 PM, Vaabum said:

These are really important aspects. In general, when choosing a broker for work, you should pay attention to many aspects of work.!

We will need to understand the  importance of doing our trading with the Support and Resistance levels.