Learning to mark a trading chart with Support & Resistance lines will improve your chances of surviving as a Forex trader. Knowing the point at which price might reverse gives you an important edge when planning entries and exits.
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Thursday 21 January 2010
Short-term trade on AUDUSD
As we are hitting an area of Support on the Aussie, it seemed worthwhile trying a quick Buy trade on this pair to catch some pips off the bounce.
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