Forex Key Levels (Round Levels)

0
1871

Forex Key Levels (Round Levels)

Round price values like 1.10000 or 129.000 on Forex trading called a KEY LEVELS. Why you should keep eyes on them? Cause it's psyhologycal price values. Most traders and big fish companies like banks or hedge funds place limit and stop orders on that levels what means accomulation a big volumes of orders and creation strong support or resistance areas where price may slow down movenment or pull back from that area.

Since last update 5.7.9.8 my tools allow auto draw this levels with green color on a chart + I added half levels with silver color.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This blog is kept spam free by WP-SpamFree.