please how do one identify support and resistance levels and how to trade with them…I have read about them and I understand the theories but on the chart I do not understand
Hi, check this simple search for support / resistance . Regards Greg
There should be some guidance on this in the Education section on this site. Alternatively, look at YouTube and you should be able to find some videos that explain/demonstrate it.
You can learn a lot from here
All the best.
Forex has no support and resistance levels. The price of currency’s can go as far in any direction as the bank’s wish them to go.