Better place for Buy is at Support, and better place for Sell is at Resistance

Better place for Buy is at Support, and better place for Sell is at Resistance

26 August 2016, 20:47
Yohana Parmi
4
160

Hello traders,

Actually, trading fx is not easy.

Before facing the markets, please make a trading plan (daily and/or weekly) by finding Support and Resistance.

Plan your trades, then trade your plans.

Better place for Buy is at Support, and better place for Sell is at Resistance.

This is example on August 26, 2016, FED Yellen speech :

USD/CAD buy at Support. 

 

USD/JPY buy at Support 

XAU/USD (Gold) sell at Resistance daily jump.

 

AUD/USD sell at Resistance

 

Good luck :)

Yohana 

 

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