Friday 25 March 2011

How to Identify and Trade Reliable Support and Resistance

Just some interesting words about positions that rely on historic s/r levels.
I have checked this AUD/USD historic 0.6340 level - and it's acutally really reliable s/r level. It would be really interesting to find some other historic levels on other pairs.

How to Identify and Trade Reliable Support and Resistance

5 comments:

  1. hmmm, this kinda went over my head. I'm following this blog because I would like to learn more about finance so that I can utilize my money wisely. At the moment I have no clue!

    ReplyDelete
  2. . <-- your point

    O <--- My head

    Yes, it went right over it.

    ReplyDelete