An explanation of Currency trading !
An explanation of Currency trading !
Remember, though, we’ve got resistance just barely above that level, a couple hundred pips or so, at 6201.
Mac XNow, on the short side as well we want to be careful shorting down here because these lows are right in let me get this up, here we go because these lows are right in the support zoneforex trading method . If we sell at 5864, we are still right in the middle of this daily support zone.
Not a very good place.
So, what do we need to do?Mac XWell, a conservative trader, you’re going to wait for the market to come all the way down to the bottom end of the support zone at 5702 before you go short.
If you’re more aggressive, you can wait for the market to give a little dipper, meaning coming down, bouncing up to 5942, and then selling as it comes off of that levelForex course trading .
