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Determine support & Resistance

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Nendi71

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Determine support and resistance

After you can recognize the ongoing trend, the next step is to determine where the support and resistance levels are. You can look for "buy" opportunities in the support area or "sell" in the resistance area. Of course you should not forget the first step above, which is taking a position that is in line with the trend.
In other words, if you see the current trend is an uptrend, then look for a "buy" position in the support area, and vice versa You can also use support and resistance levels as a "warning" if it turns out the price doesn't move as you expect. If for example translucent support even though you have previously opened a "buy" position, then a break of the support should be a warning to cut-loss.


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#1 - February 04, 2019, 06:42:05 AM

Rudi

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Hello Nendi71 , 

determining support and resistance is very important if a trader uses this technique for his daily analysis, support and resistance are references to determine the open posiso buy or sell of each trader who uses this indicator
#2 - February 05, 2019, 01:36:52 PM

Tahajud

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in my opinion this thread will be more interesting and useful if there are examples of how to determine the area of support and resistance, because if it only describes a buy and sell reference it seems everyone also knows that prices are in the support area which means it's time to buy and if the price is in the resistance area which means it's time to sell. but the main problem is determining the area of support and resistance
#3 - February 06, 2019, 03:42:35 AM

turtlegain

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Quote from: Nendi71 on February 04, 2019, 06:42:05 AM
Determine support and resistance

After you can recognize the ongoing trend, the next step is to determine where the support and resistance levels are. You can look for "buy" opportunities in the support area or "sell" in the resistance area. Of course you should not forget the first step above, which is taking a position that is in line with the trend.
In other words, if you see the current trend is an uptrend, then look for a "buy" position in the support area, and vice versa You can also use support and resistance levels as a "warning" if it turns out the price doesn't move as you expect. If for example translucent support even though you have previously opened a "buy" position, then a break of the support should be a warning to cut-loss.
 this technique for his daily analysis, support and resistance are references to determine the open posiso buy or sell of each trader who uses this indicator
#4 - February 06, 2019, 03:52:40 AM

ariezz

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Quote from: Nendi71 on February 04, 2019, 06:42:05 AM
Determine support and resistance

After you can recognize the ongoing trend, the next step is to determine where the support and resistance levels are. You can look for "buy" opportunities in the support area or "sell" in the resistance area. Of course you should not forget the first step above, which is taking a position that is in line with the trend.
In other words, if you see the current trend is an uptrend, then look for a "buy" position in the support area, and vice versa You can also use support and resistance levels as a "warning" if it turns out the price doesn't move as you expect. If for example translucent support even though you have previously opened a "buy" position, then a break of the support should be a warning to cut-loss.
Support and resistance is indeed a key point in placing entry positions, installing stop loss and take profit. In addition, support and resistance are also important for analyzing market psychology where prices often move, bounce or continue at that point.

Many indicators can be used to identify resistances such as pivot points, Fibonacci retracement, SnR and so on. By using a resistance-support indicator it will be easier for us to determine the entry like the strategy you mentioned.
#5 - February 06, 2019, 05:04:45 AM

Rendy94

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in my opinion strong support and resistance is when the price back and forth tries to break through that level, and I will mark the horizontal line there and will find the law of supply and demand. What do you think?
#6 - February 06, 2019, 06:26:54 AM

Rendy94

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Quote from: Rudi on February 05, 2019, 01:36:52 PM
Hello Nendi71 ,

determining support and resistance is very important if a trader uses this technique for his daily analysis, support and resistance are references to determine the open posiso buy or sell of each trader who uses this indicator
yes right, but do not forget it does not mean that when prices reach support then we buy and vice versa, we must first see what the reaction is done by the price and what pattern is formed.
#7 - February 06, 2019, 06:28:47 AM

Azis Muslim

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I usually change my view of my chart to higher time frames, between H4 and Daily to determine my setup for support and resistance level. And then, I also change my chart type between candlestick and line to make the process easier. In the end, everything is done and it's ready to see and wait for market to hit, break, or move reverse from the levels to give me signals and take the trade. This is actually a basic lesson that is easily found on internet for beginners who want to seek for the video tutorial.
#8 - February 07, 2019, 02:23:51 PM

Black_Koujee

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Quote from: Nendi71 on February 04, 2019, 06:42:05 AM
Determine support and resistance

After you can recognize the ongoing trend, the next step is to determine where the support and resistance levels are. You can look for "buy" opportunities in the support area or "sell" in the resistance area. Of course you should not forget the first step above, which is taking a position that is in line with the trend.
In other words, if you see the current trend is an uptrend, then look for a "buy" position in the support area, and vice versa You can also use support and resistance levels as a "warning" if it turns out the price doesn't move as you expect. If for example translucent support even though you have previously opened a "buy" position, then a break of the support should be a warning to cut-loss.

Trading based on support and resistance.
Simple, but why are there still many who don't understand? I think that because determining support and resistance itself is very subjective. Once upon a time I considered the price level x to be a strong support that I could make a buy entry point, but according to my friend level y was a strong support for entry buy.

Well, in your opinion, to avoid confusion like that, what should I do?
#9 - February 08, 2019, 06:04:35 PM

aizafx

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Trading based on support and resistance is a good way to analyze the market, but sometimes different trader also having a different method to determine support and resistance area, there are a trader that using pivot point calculator to determine support resistance and pivot point value, but also there are a trader that use Fibonacci retracement to determine support and resistance
#10 - February 09, 2019, 07:27:03 AM

rinshei

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Quote from: Nendi71 on February 04, 2019, 06:42:05 AM
Determine support and resistance

After you can recognize the ongoing trend, the next step is to determine where the support and resistance levels are. You can look for "buy" opportunities in the support area or "sell" in the resistance area. Of course you should not forget the first step above, which is taking a position that is in line with the trend.
In other words, if you see the current trend is an uptrend, then look for a "buy" position in the support area, and vice versa You can also use support and resistance levels as a "warning" if it turns out the price doesn't move as you expect. If for example translucent support even though you have previously opened a "buy" position, then a break of the support should be a warning to cut-loss.
it would be good if you attach a video or a photo for people who still lear to see how to see a resistant and support level, a newbie like me often onfuse without video or photo, but thanks, this is a basic to learn much about forex
#11 - February 09, 2019, 09:22:00 AM

Ariyudin

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determining support and resistance is very important and is one way to find the direction of the market and take the right position when entering the market
#12 - February 09, 2019, 09:28:52 AM

rezacepot

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Quote from: Nendi71 on February 04, 2019, 06:42:05 AM
Menentukan support dan resistance

Setelah Anda dapat mengenali tren yang sedang berlangsung, langkah selanjutnya adalah menentukan di mana level support dan resistance berada. Anda dapat mencari peluang "beli" di area support atau "jual" di area resistance. Tentu Anda tidak boleh melupakan langkah pertama di atas, yaitu mengambil posisi yang sesuai dengan tren.
Dengan kata lain, jika Anda melihat tren saat ini adalah tren naik, maka cari posisi "beli" di area support, dan sebaliknya Anda juga dapat menggunakan level support dan resistance sebagai "peringatan" jika ternyata harga tidak naik. bergerak seperti yang Anda harapkan. Jika misalnya dukungan tembus meskipun Anda sebelumnya telah membuka posisi "beli", maka tembusnya dukungan harus menjadi peringatan untuk cut-loss.
Thank you about your information share....
Very good sir sukses
#13 - May 09, 2019, 09:28:30 AM

BenTen

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Quote from: Nendi71 on February 04, 2019, 06:42:05 AM
Determine support and resistance

After you can recognize the ongoing trend, the next step is to determine where the support and resistance levels are. You can look for "buy" opportunities in the support area or "sell" in the resistance area. Of course you should not forget the first step above, which is taking a position that is in line with the trend.
In other words, if you see the current trend is an uptrend, then look for a "buy" position in the support area, and vice versa You can also use support and resistance levels as a "warning" if it turns out the price doesn't move as you expect. If for example translucent support even though you have previously opened a "buy" position, then a break of the support should be a warning to cut-loss.
Support and resistance in my opinion can be identified in many ways but will find the same or adjacent points or lines because support and resistance are the point / price of the agreement.
#14 - May 09, 2019, 09:40:13 AM

Herru

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Quote from: Nendi71 on February 04, 2019, 06:42:05 AM
Determine support and resistance

After you can recognize the ongoing trend, the next step is to determine where the support and resistance levels are. You can look for "buy" opportunities in the support area or "sell" in the resistance area. Of course you should not forget the first step above, which is taking a position that is in line with the trend.
In other words, if you see the current trend is an uptrend, then look for a "buy" position in the support area, and vice versa You can also use support and resistance levels as a "warning" if it turns out the price doesn't move as you expect. If for example translucent support even though you have previously opened a "buy" position, then a break of the support should be a warning to cut-loss.
in determining this support and resistance is very important, because knowing the SNR we will be able to determine the point of the TP and also the SL / CL is good, so that we can trade well and make a profit.
#15 - May 13, 2019, 03:00:14 PM
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