Knowing forex support and resistance is so important because they are the building blocks to price action analysis. In addition, Tflow® integrates time into support and resistance, thus able to quantify a support or resistance level to determine whether it will be a big move or otherwise.
Forex Support Resistance are another tools that we use to find our Entry or Profit Taking or Stop Loss. It is part of our analysis in trading of our plan.
How to use Forex Support Resistance
Let’s look at a stunning win we had shorting EURUSD in 2014
“Live” actions and reviews from our students directly from our social media accounts. We don’t tweet winning trades only. We tweet losing trades as well. It’s just that we have more winners. Follow @terraseeds in twitter for live trades and forex ideas.