What are Forex Indicators? A forex trader is always looking at the best point to enter a trade and to exit one. As a trader studies the charts, he or she looks for ways to identify points at which support floors or strong levels of resistance will appear. Sometimes prices range, and move from a clear point of support to resistance and back again. In other markets, called “trending markets,” there is steady movement higher or lower. It is critical to understand exactly what constitutes a trend. What is an uptrend? It is a market in which each successive high is higher than the...
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