Yes mate. Support and resistance are really needed all time in trading. We need to have basic knowledge of support and resistance in order to make money from this business. After all, we can enjoy with the profit that we get in this business. We hope that everything run smoothly. I just wish you the best and please trade with care.
Yes why not catch 90-95% support and resistance always introduce to you that if you are a very good traders.
When you become a true identify of support and resistance then., you can gain a lot of pips through open a trend.
Ttake profit and stop loss gives you much appreciate result that., you can't imagine...
Yes in trading you will need to know the support and resistance level of any market that you are trading this is to enable you to set your stop loss and take profit properly because if you are buying in any market the safest place to set your stop loss is the next or properly looked into support level price that you will need to set your stop loss and you take profit will likely be the next resistance and so it applies also in the other way round for a trade that you are selling.