Resistance is the basic most fundamental part of trading. Markets react to resistenze supporti forex market Support and Resistance levels more than to any other signals or indicators imaginable!
Many traders after years of research would eventually stripe their charts from all indicators and leave only Support and Resistance lines to guide them through. Resistance levels offers advantage of taking low risk entries, finding proper timing, defined targets, keeping overall confidence in your position – it’s the very best scenario for any trader. Resistance levels takes time and practice. Hi, are you going to write about Ichimoku and how to trade it?
Thank you very much for your marvelous job. But in your indicator lists you don’t have Andrew’s Pitchfork. May I ask you to add this one too and of course some up- to – date info as well or guide me where i can find the best one to download? I’ve just come across it now. Trend line tools is a default standard tool, present on all trading platforms.