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Some of the questions sent in to FPA HQ are pretty good. A few days ago, one came in asking about how to determine support and resistance. Since there are many ways to do this, I thought it would make a good Question of the Month.
So, how do you determine support and resistance in your forex trading? Where do you draw the lines and what makes you put them there?
So, how do you determine support and resistance in your forex trading? Where do you draw the lines and what makes you put them there?