Saturday, April 10, 2010
Forex - how to use support and resistance level
First of all, I need to clarify that I am not a professional forex trader. I am still a beginner but I would like to share what I know about forex.Above picture shows EUR/USD in H1 time frame. I used one red line to join recent high ( resistance level ) and another one red line to join recent low ( support level ).If I put a buy stop at 1.3360 ( blue line ), until now, I would have earn 130 pips.
Forex Robot/Expert Adviser update week 14, 2010
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It is still doing well in week 14, 2010.
It is still doing well in week 14, 2010.