Home 
FOREX Training Term 3 - Forex Tools Support And Resistance
FOREX Training Term 3 - Forex Tools Support And Resistance
Support And Resistance
Support And Resistance » Training - Term 3: Forex Tools
Results 1 - 5 of 5
|
Training - Term 3: Forex Tools/Support and Resistance
Support and Resistance
What are Support and Resistance?
Support
When see on a chart that prices are falling and then notice that when they reach a certain lower level, the price cannot seem to decline any farther, prices have reached a...
Thursday, 08 October 2009
| Read more
|
|
Training - Term 3: Forex Tools/Support and Resistance
Trends in Forex Trading
What is a trend in Forex?
A Forex trend is simply the direction in which a currency pair is moving.
Typically, the movement of currency prices is not directly up or down.
More often than not, the movement...
Thursday, 08 October 2009
| Read more
|
|
Training - Term 3: Forex Tools/Support and Resistance
Forex Trend Lines
We covered trend lines briefly in the previous lesson, “Forex Trends” and will add just a bit more information here.
NOTE: Trend lines are perhaps the most important tool in technical analysis. However, they may also be one...
Thursday, 08 October 2009
| Read more
|
|
Training - Term 3: Forex Tools/Support and Resistance
Forex Channels
OK, this is a short but informative continuation of the larger topic, “Support and Resistance.” The preceding lessons under that topic were: Support and Resistance, Trends in Forex Trading, and Trend Lines. You should be...
Thursday, 08 October 2009
| Read more
|
|
Training - Term 3: Forex Tools/Support and Resistance
Review of Support and Resistance
The Resistance level or area is the highest point a currency price reaches in an “up cycle” before it reverses and begins to decline (move down).
The Support level or area is the lowest point a currency...
Thursday, 08 October 2009
| Read more
|
Powered by AlphaContent 4.0.12 © 2005-2012 - All rights reserved