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09/09/2008

Longer-term Support and Resistance Trading: Setups and Rules

Expert: Dave Murphy, trader at Piptopia and co-author of the FXStreet.com blog Postcards from the Right Edge.

Summary:
This month, Dave is presenting the Support and Resistance webinar! He will show you how to plan trades that last (generally) between 1-3 days, and that do not require constant monitoring. While short-term trading can be profitable, many traders want to learn to trade in a more relaxed, patient manner, and this is where you can learn to do that. We'll cover:

1.  Specific rules for support and resistance trading
2.  Real trades that Rob is planning to take
3.  How to set stop losses and profit targets for longer term trades (even if you are trading an account with less than $5,000)

 

Webinar presented by Piptopia.com and FXstreet.com

Comments

john

questions about the add in. when you add in, do you wait for the 4hr candle to close pass the 4hr trendline or the 1hr candle to close pass the 4hr trendline for the add in? because there are two 4hr trendlines and one 1hr trendline.

margaret kanyi

kindly sent me this in my mail so as i can watch it offline

Maud Gilson

Hi Margaret,

I'm sorry but I'm afraid none of the recordings we offer here at FXstreet.com are dowmloadable.

Kind Regards,

Maud Gilson
FXstreet.com

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