Support and resistance levels are there to provide a template to the market - something that you can lay over the markets movements and make sense of all its ups and downs. But the proper way to trade is to wait for price to hit the obvious support and resistance levels before trading. Check this link right here theforexguy/how-to-draw-support-and-resistance/ for more information on Support and resistance.
Posted on: Thu, 21 Aug 2014 08:23:21 +0000