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Day traders tend to prefer the forex market for online trading due to its volatile reaction to news, market data, and because of its trending nature. Brokers will typically quote a price with a spread between the bid and offer, usually of around 3-5 pips, from which you can buy or sell the pair chart forex quote trading profit from closing the position with a trade in the opposite direction.
R more our general topics, but you should note here, that Support and Resistance are not the exact price levels, but rather areas of 10-20 or more pips, where the action occur. Therefore, the spike through the red D1 line doesn’t mean that the D1 Resistance has been broken at that point, but rather quite the opposite – the D1 resistance held well upon the test. I will test it and see how it reacts. Excellent tool in multi how to swing trade forex for seeing the supply and demand combined with volume and price action.