Forex Zone - Forex Forum

Price movement component

Discussion started on Forex Education

  • Hero Member
  • Posts: 68342
  • Points: 745
  • Likes Received: 100
  • Reputation: +18/-46
The most important price component is support, resistance, trend and pattern, therefore when you trade forex you really have to be able to see these three things as tools for opening positions.
#391 - September 29, 2023, 01:01:16 AM

  • Hero Member
  • Posts: 66356
  • Points: 686
  • Likes Received: 58
  • Reputation: +53/-46
This price component will definitely be important for us to use well, but when you have analyzed it, try to memorize the support resistance and trend patterns first so that later you won't be confused about where to open the position with what kind of pattern
#392 - September 30, 2023, 01:04:31 AM

  • Hero Member
  • Posts: 68342
  • Points: 745
  • Likes Received: 100
  • Reputation: +18/-46
In my opinion here the best components are patterns and super resistance where each pattern can produce information for opening positions and good resistance support will definitely mark an area for confirmation
#393 - October 01, 2023, 12:56:06 AM

  • Hero Member
  • Posts: 66356
  • Points: 686
  • Likes Received: 58
  • Reputation: +53/-46
In my opinion, one price component that can be good to use is support resistance and trend because everyone will definitely use support resistance and analyze following the trend well.
#394 - October 02, 2023, 01:06:58 AM

  • Hero Member
  • Posts: 68342
  • Points: 745
  • Likes Received: 100
  • Reputation: +18/-46
if you use price components then you must be able to use volatility and trend because in my opinion the strength of the trend will help you to trade in a good direction and for confirmation you can use patterns
#395 - October 03, 2023, 12:14:41 AM

  • Hero Member
  • Posts: 66356
  • Points: 686
  • Likes Received: 58
  • Reputation: +53/-46
the most common component is the trend and the supporting component is using resistance patterns or support because in my opinion these three things are really needed to analyze a currency and as a tool to open positions too
#396 - October 04, 2023, 12:31:17 AM

  • Hero Member
  • Posts: 68342
  • Points: 745
  • Likes Received: 100
  • Reputation: +18/-46
In my opinion here, the most important price component in trading is pattern and volatility. When you have found a pattern you can open a position as well as strong volatility.
#397 - October 05, 2023, 01:08:14 AM

  • Hero Member
  • Posts: 66356
  • Points: 686
  • Likes Received: 58
  • Reputation: +53/-46
In my opinion, a good component is a component that has the right pattern movement that you have to learn and later you also have to be able to know about support resistance so that you are not confused about determining the correct position.
#398 - October 06, 2023, 12:18:02 AM

  • Hero Member
  • Posts: 68342
  • Points: 745
  • Likes Received: 100
  • Reputation: +18/-46
I prefer components such as patterns and support resistance where each pattern will produce its own information, but my suggestion is to use patterns that are in the support resistance area and use a long period of time, it is definitely a strong area.
#399 - October 07, 2023, 12:16:11 AM

  • Hero Member
  • Posts: 66356
  • Points: 686
  • Likes Received: 58
  • Reputation: +53/-46
In my opinion, the most important component here is the use of resistance support and the pattern itself because after all, the use of resistance support and the pattern will make you more confident in trading.
#400 - October 08, 2023, 02:43:17 AM

  • Hero Member
  • Posts: 68342
  • Points: 745
  • Likes Received: 100
  • Reputation: +18/-46
These price components are very important for us. When we carry out analysis, we will definitely see trends, patterns, volatility and support, resistance. These are all price components that we have to study.
#401 - October 09, 2023, 12:57:03 AM

  • Hero Member
  • Posts: 66356
  • Points: 686
  • Likes Received: 58
  • Reputation: +53/-46
In my opinion, the most important component for us is the use of the right chart with pattern anticipation and resistance support because when you can see the pattern in the chart you can open a position correctly.
#402 - October 10, 2023, 12:11:04 AM

  • Hero Member
  • Posts: 68342
  • Points: 745
  • Likes Received: 100
  • Reputation: +18/-46
The use of price components will help you to realize every thing you do. In my opinion, the most important thing here is about adequate resistance patterns and support because that is also what will make you successful.
#403 - October 11, 2023, 12:30:07 AM

  • Hero Member
  • Posts: 66356
  • Points: 686
  • Likes Received: 58
  • Reputation: +53/-46
If you use price components, in my opinion it will be very important because after all, when you use components such as patterns such as support, resistance, such as trends, it will be very important to use for analysis.
#404 - October 12, 2023, 12:22:00 AM

  • Hero Member
  • Posts: 68342
  • Points: 745
  • Likes Received: 100
  • Reputation: +18/-46
using the best components in my opinion here are support resistance and Patterns however When you use pattern components it will be easy for you to analyze quickly by observing the shape of a price
#405 - October 13, 2023, 12:30:39 AM

Members:

0 Members and 3 Guests are viewing this topic.