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Wednesday, May 26, 2010

Basic Trend & SR

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The real key is knowing when a market is trending. The basics are very simple.
Higher highs and higher lows is the key to a market in an uptrend. And the opposite is true.
Lower highs and lower lows tells you when the market is in a downtrend.

You never want to go against these situations.

IMPORTANT TRADING RULES:

1) We never get long or buy in a downtrending market
2) We never sell or go short in an uptrending market.

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Most traders calculate support and resistance levels incorrectly, and to make their job even harder, they generally don't know how to trade around them. Many traders will use an old high or an old low and assume they've found support or resistance. That just doesn't work. Think about it for a moment. If the market always stopped at old highs we could never have an up trending market, and if the market always stopped at old lows we couldn't have a down trending market.

Selalu always recek dan percaya dengan TA dan chart Anda.

Semoga bermanfaat.
Eco Syariah Share

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