Confirming Support and Resistance
submitted by FXTCMagazine
on 05/05/14
1
Another Tricks of the Trade lesson from Erich Senft of SupportandResistance.com and this time it's all about confirming Support and Resistance. You'll often hear me refer to the confirmation of Support or the confirmation of Resistance and all that really means is learning to recognize when the market is showing you support and when it is showing you resistance. You can read the rest of the story in the Big Weekend Edition at www.supportandresistance.com/tradingblog - don't forget to scroll down for the trades!
