In trading, support and resistance have important role that detect where the price is heading. The below trade showed that we can make money - 30 pips simply by short sell once USDCHF broke through 1.2235 level. Price went further to 1.2202, making approximately 30 pips in few minutes trade!
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Good Work. Very informative. Traders would love love this Blog.
ReplyDeleteI used to trade forex last time but now no more. Thanks for the useful info. :D
ReplyDelete30 pips a day will total up to at least 600 pips a month. Its good money.
ReplyDeleteThis is great for traders.
ReplyDeleteYeah. 30 pips a day is good. But sometime is -30 pips a day. :D
ReplyDeleteThanks for the info.
ReplyDeleteVery informative. Thank you.
ReplyDeletePretty cool! I actually work for a Forex Education company, so this is pretty cool for me. Where did you learn how to trade?
ReplyDeleteCool information. I don't really use support and resistance as an indicators thought, coz i'm a swing trader. ;-) I focus on daily chart. :-)
ReplyDeleteThanks for refreshing my memory on how support and resistance work. Really appreciate it. ;-) Cheers!