Thread: Forex lies me at the levels of support and resistance
View Single Post
  #20 (permalink)  
Old 08-01-2007, 03:59 PM
Nicholas 2001 Nicholas 2001 is offline
Junior Member
  
Join Date: Jul 2007
Posts: 10
Nicholas 2001 is on a distinguished road
Quote:
Originally Posted by talktome View Post
there is 50/50 chance the price will break or bounce back from support or resistance. We never know where the market will go. That is why you need stop loss to protect your capital.
It"s interesting,how do you trade so?If You dont know in what direction the price will move later?
Reply With Quote