FOREX NEWS
TOADY I AM GOING TO DISCUSS SOMETHING VERY INTERESTING ABOUT THE TRADING OF FOREX ACCOUNT.
HERE WE WILL LEARN ABOUT HOW TO TRADE OG GOLD PAIR AND HOW WE CAN GET MORE AND MORE PIPS FROM THE ANALYSIS AND ALSO HOW TO OPEN TRADE AND IN WHICH DIRECTION WE NEED TO OPEN THE TRADE .
AS FROM THE ABOVE ANALYSIS I AM GOING TO TELL YOU THAT WE HAVE TWO POINTS WHICH WE NEED TO LEARN ONE IS .
**1) RESISTANCE **.
2) SUPPORT POINT .
AS IN THE RESISTANCE POINT WE HAVE # 1334.5.
AND THE SUPPORT POINT IS # 1300.
AND NOW WE ARE AT 1310 SO WE NEED TO PLACE A PENDING ORDERS THAT IF THE SUPPORT POINT IS BREAK WE NEED A TRADE OPEN SO WE WILL PLACE AND PENDING ORDER FOR SELL AT 1290 AND TAKE PROFIT WILL BE AT 1250 AND STOP LOSS WILL BE 1310.
HERE I AM GOING TO TELL YOU THE FROM THE BUY OPTION AS MARKET IS LOOKING TO GO UPWARD WE WILL PLACE AN INSTANT ORDER FOR THE TRADING ON BUY OPTION .
SO OPEN A BUY TRADE AT 1310 AND TAKE PROFIT AT 1325
AND STOP LOSS AT 1290.