Are you swing trader?
- When entering the market:
— We must be able to imagine that the price can rise to the peak of actual
— and price can also fall into actual Support
- Swing Trader
— As example if EURGBP will suddenly fall this week,
trade planner will make plans like this,
— that is preparing
an untested actual support
(means: price does not reaches it yet) for buy-back EURGBP.
question, how if EURGBP rise up?
— The trade planner will also prepare a
resistance to catch price jump on resistance as sell area :
In this way, swing traders are still able to carry out activities normally,
— to work in the office or outside the
home, and do not need to face for hours at the computer.
That’s why, pending orders such as buy-limit and sell-limit are available in trading software 🙂
and Resistance at https://www.mql5.com/en/blogs/tags/resistance
In fact, market is always
working on the actual supply (resistance), demand (support)
and Market Sentiment).
— Market plays on price reversals and
breakouts, like we walk on the stairs.
— before entering the market, we must understand
— Article at https://www.mql5.com/en/users/yohana/blog
2020 with a better way in trading.
we wish you all the best
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