Hello guys, can someone explain to me what are bank levels and how do we use them? Are there any rules on how we must put trades based on bank levels? I am quite confused… Thank you
I am not getting your point actually. As we all know that we can access to forex market by opening our positions with a broker by investing a certain amount of money. Lets wait for the experts and see how they will explain the question. I am also a new baby here.
Are you referring to identifying the price areas/regions/zones where the large market participants such as banks, pension/investment funds, and commercial entities are likely to have significant buying/selling interests?
If so, then I think if you search Support/Resistance, supply/demand zones then you might find some earlier input that may help?
It is not a topic that I personally consider in any depth (apart from noting various obvious basic support/resistance levels) so I cannot offer you any more help than that I’m afraid! 
1 Like
Either trade the bounce or breakout. The more times a zone is tested, the stronger the barrier. Upon successful PENETRATION, there will be a gush of order surging thru and can be potentially far reaching, in theory that is.
1 Like
Are you talking on payment method (adding bank account) or anything else?
Spot on! I want to find some examples on how to use them as a support and resistance. I searched on the forum but there is no any specific info.
Alright but how do we know if the bank level will be rejected or penetraded? Do timeframes play any role?
No one knows actually, all traders just can predict the market! By the way, for me timeframe is really a great issue! I am sure, you’ll get proper idea on support/resistant on the BabyPips School, just use it.
Nobody knows. Everyone make an intelligent guess and TAKE THE RISK. Just do it. Some people like to trade the breakout, some people like to counter trend and trade the bounce.
2 Likes
Exactly, try to focus and spot out the areas of support and resistance that have been tested multiple times in the past. It’s easier to spot them on longer time frames, such as the 4hr , daily, weekly, and even monthly
1 Like
Bank levels are price that bank plays around with, and they like to use even numbers watch this vid it will explain. do watch all this boys - The swag Academy on Youtube
As far as I know, the notion of bank levels does’t exist, but there are levels in technical analysis which is a price area (or exact price/exchange rate) at which it is assumed many stop loss and limit orders are triggered when the price reaches it. If you correctly guessed which type of orders prevail at this level you may sometimes predict short-term direction of price movement and profit from it.