Backtesting helps traders with giving ideas over strong support and resistance points. I prefer doing it.
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thank you for this, very helpful
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Backtesting is unquestionably a practice that should be recommended in order to trade with lesser risks.
You cannot set your targets properly without backtesting because backtesting helps a trader catch the support and resistance level.
you can just do this with regular charts and without backtesting?
Not mandatory, but highly recommended to give you reassurance that you have a better chance of success. Just appreciate that is easier to fail at FX trading than to succeed.
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