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Posts Made By:
trendisyourfriend
Forum:
Traders Hideout
October 29th, 2013, 07:42 PM
Replies:
18
Why exactly does previous support tend to become resistance?
Views:
9,485
Posted By
trendisyourfriend
The Guy at YTC has an interesting take on this...
The Guy at YTC has an interesting take on this 'stupid' question: :)
How Support and Resistance Areas are Created | Articles-Technical-Analysis...
Forum:
Traders Hideout
October 29th, 2013, 01:28 PM
Replies:
18
Why exactly does previous support tend to become resistance?
Views:
9,485
Posted By
trendisyourfriend
Probably because such a level has been recognised...
Probably because such a level has been recognised as a significant meeting point by many. Levels that are easy to spot are subject to such a change of polarity. Those who missed the move when price...
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October 29th, 2013, 07:42 PM
October 29th, 2013, 01:28 PM
