Forex Focus by James Chen
ARTICLE SYNOPSIS ...Forex Focus by James Chen
Support & Resistance Precision In Forex
Currency markets tend to follow support & resistance levels. Use
those levels to identify entries and exits, and to apply risk
Many foreign exchange traders rely on the accuracy
of support & resistance levels so evident on currency
price charts. Some of these traders will eschew the use
of mathematically derived indicators or back-tested systems
as primary trade decision tools, preferring instead to allow
their manually drawn lines to dictate entries and exits.
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