Day trading probably the most spread Forex trading styles. The novice traders may mistakenly think that this method is the easiest and most reliable one. Many newbies think that day trading is simply opening a trade in the morning and closing it at the end of the day with a profit. I wish everything was that simple but this trading style has a lot of pitfalls.
Determining key price levels and putting this information into action is the most important thing in technical analysis. Today we’ll talk about the main types of price levels, see how to find them and use in trading.
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