28-04-2006, 01:56
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#9
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level 1
Join Date: Mar 2006
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Re: Support - Resistance
Okie..master Kiel
Thx a lot...I got it...
Thx..thx
Gab
Quote:
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Originally Posted by ezekiel
Here is a follow up chart of the CAD, you can see the market remembers
support and resistance, and sold the dollar at the previous break...
Gab, your correct, if you see a strong area of support - buy, area of resistance - sell. It's not an exact science but identifying these areas is a start.
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