Support and resistance
ihi im new here i want to know about support and resistance
ihi im new here i want to know about support and resistance
what do you call the technical term in forex trading when support becomes resistance and resistance becomes support or also when a supply zone becomes a demand zone or a demand zone becomes a supply zone.
Hello everybody Im new at trading, Im starting with drawing support and resistance and knowing how to spot them well, but I dont know when the price will break o reverse at that support or resistance zone, i’m struggling…
I hope that BabyPips are open enough to allow me to post the following. This could be a very interesting topic among traders and I would love to hear what others have to say. Good or Bad. (Wanted to post this not under t…
Can anyone explain the difference between support and resistance vs supply and demand please? Thanks in advance
HIGHER HIGH AND LOWER LOW SUPPORT AND RESISTANCE LEVELS INDICATOR https://drive.google.com/file/d/1oac_EPvPcgIzZmzGAn492Kzb7MN06Eql/view?fbclid=IwAR2YUoISb64FM8ci7sETkudlrw-8AfQ6nnABxISIgwBABM1oTi5viIehxMQ [30 PM][19…
Hi guys, I’ve been reading Babypips for a while now and wanted to give my little participation to this forum. I’ve developed my day/swing trading strategy based on the Elliott waves, Fib levels, a trend indicator (MACD…
Asian Indices: Australia’s ASX 200 index fell by -60.9 points (-0.85%) and currently trades at 7,146.00 Japan’s Nikkei 225 index has fallen by -137.62 points (-0.42%) and currently trades at 32,638.75 Hong Kong’s Hang…
Hi, I recently completed babypips lessons and then I went to demo trading, while I continued my education from youtube. I’m thinking that if I have 15k account and If i only able to spot one setup throughout the month …
Hello buddies, please should I draw support and resistance lines at the wick of candlestick or at the body? Where is the best to draw them?
Market Summary: There was a bit of excitement (and likely fear) in yesterday’s Asian session when the US 2-year bond experienced a mini flash crash, sending the yield up ~40bp during low liquidity trade, although the …
This is my interpretation of both of these similar items, which has helped me to better read price and understand exactly which one I am interacting with on the charts based on a defined criteria for price behavior. I h…
Hi guys, I know there has been a topic on this in the beginners section a few years back. But there simply isn’t enough evidence there. I am glad to say I am not a complete beginner and have made significant progress v…
So I was learning about the conservative way of trading support and resistance where instead of entering on the break you enter after a pullback to the broken support level. But why may there be a pullback when people ar…
Hi Guys, I was wondering if anyone has used these guys for training and how you found them. Google Traders Support Club as I am too new to post links. I went to their open day yesterday in London and found it very in…
GBPCAD is testing a major key area which acted as resistance since APRIL also it is in line with 20 ma and weekly imbalance , I am also lookin at UK and Canada inflation reports to drive the pair hinger and also from …
Hi, when you get a chance can you answer my question, why will the price reverse and start falling again? In this article, ahttps://www.babypips.com/learn/forex/trading-the-lines I cannot put links in this post becau…
Babypips Support and Resistance Indicator.ex4 (497.5 KB) Hi everyone, (warning, long article ahead) I am really tired of having to draw support/resistance lines each time I load a chart so I’ve created what I hope is t…
I created a account with instaForex 5/22/2018 with a $1000 bonus.within 24hrs i was 10% up $1100.00. the trade could have made more money they decided to cancel my trade and "temporary" disable my account based on what t…
Hey, I am new here, so hi! Also, I am new to FOREX trading. Reading on NickB's 4H Scalping Method (I am not yet allowed to include links, you find it in the forum), I was wondering: It should not be to difficult to w…
This page is just beginning to talk about breaks and bounces and I am not sure what these two sentences mean. Remember, whenever you close out a position, you take the opposite side of the trade. Closing your EUR/USD …
Can someone help me understand the difference between “Supply and Demand” zones on a chart versus “Support and Resistance” areas? Thanks for your help! Brian
Hello everyone, I’m new to forex as well as the pip community and had a couple of questions with regards to support, resistance and hedging positions. I’ve read that in Forex only certain exchanges allow you to do th…
Does anybody have a cheat sheet of support and resistance levels for different timeframes or even just the daily timeframe? I found a page in investingdotcom showing pivot points. But I noticed that the pivot points ch…
Hi everybody, I haven't posted much on this site for a while but just wanted to ask your opinions. I have been reading a lot of articles by Nial Fuller (Forex trader 15 years) some of you may know of him. i have been…
Hello, I read Support and Resistance Simplified and I didn't like it at all ! I don't know whether it was me who didn't really understand the book or was it the book that was awful ? I read Naked Forex: High-Probabil…
Support & Resistence And How To Profit From Them Defination : SUPPORT in Technical Analysis is the price level through which a currency pair seldom falls. This is the level from which the price jumps back. Ultimately, i…
Gold is rebounding from a major support zone. This level could determine whether the broader trend holds or breaks. By :Michael Boutros, Sr. Technical Strategist Gold Technical Forecast: XAU/USD Weekly Trade Levels XA…
USD/JPY is bouncing from key uptrend support after a sharp drop from the yearly high. Intervention risk could drive volatility in the days ahead. By : Michael Boutros, Sr. Technical Strategist Japanese Yen Technical Fo…
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