Support and Resistance is a trading concept which interprete whether the market is currently in doubt and probably will have a direction change. A price level, at which this market situation occur, is called as Support or Resistance level. We expect or predict that on this level market will change its direction.
Traders have [...]
The first question came into my mind at the first time I heard this term.”Forex, what kinda creature is it?”. Some negative thoughts on this term has been long time spreading in most of Indonesian (my lovely country) mind. Mainly because most of them has heard a general opinion that this creature is [...]
(Another Brian):you use the linear regression line of two points on the MA. then measure...