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<?xml-stylesheet href="http://xml.fxstreet.com/styles/rss2.xsl" type="text/xsl" media="screen"?><?xml-stylesheet href="http://xml.fxstreet.com/styles/itemcontent.css" type="text/css" media="screen"?><rss version="2.0" xml:base="http://wwww.fxstreet.com//education/forex-basics/support-and-resistance/index.xml"><channel><title>Support and Resistance</title><description /><link>http://www.fxstreet.com/education/forex-basics/support-and-resistance/</link><image><title>Forex Education</title><link>http://www.fxstreet.com/education/</link><url>http://mediaserver.fxstreet.com/images/fxstreet-provider-logo1-en.gif</url></image><ttl>7</ttl><item><title>Part 6: Exit point</title><link>http://www.fxstreet.com/education/forex-basics/support-and-resistance/2009-05-21.html</link><description>Practically, whatever your trading strategy is, market rarely goes exactly as planed. And exit point should be known to the trader, before they do enter the market. Later, as market makes some movements, especially if those movements do not match your plans, possible to exit early than your exit point is, but one thing must remain unmovable: do not exit on emotions. If you see, that market goes completely opposite as you have planed, to hold on to tour positions or exit early is a good thing,</description><pubDate>Thu, 21 May 2009 14:11:44 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/education/forex-basics/">http://www.fxstreet.com/education/forex-basics/</category><author>fxquestions@investija.com (Investija.com)</author><guid>http://www.fxstreet.com/education/forex-basics/support-and-resistance/2009-05-21.html</guid></item><item><title>Part 5: Entry point</title><link>http://www.fxstreet.com/education/forex-basics/support-and-resistance/2009-01-29.html</link><description>In the previous article I wrote about stop loss before I have told anything about the entry point. From one side it looks completely illogical to do such thing, but I am not seeking a logic, I am trying to explain my trading method and in this explanatory order there is better chance for reader to get an idea about my trading. My trading method is based on support and resistance lines and those lines itself is not just selling or buying points. Those lines I use as analysis for the current</description><pubDate>Thu, 29 Jan 2009 11:26:35 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/education/forex-basics/">http://www.fxstreet.com/education/forex-basics/</category><author>fxquestions@investija.com (Investija.com)</author><guid>http://www.fxstreet.com/education/forex-basics/support-and-resistance/2009-01-29.html</guid></item><item><title>Part 1: Trading by Reading a Market</title><link>http://www.fxstreet.com/education/forex-basics/support-and-resistance/2008-09-26.html</link><description>Forex market is a place with endless possibilities. And not just financials. By trading currencies you are learning to understand yourself, you find your strong and weak points. Some traders claiming that if you now how to trade the market, you gain financial and personal freedom. Yes, if you are making money by trading, certainly you have a possibility to live your life as you wish, but one thing is not complete correct by saying if you know how to trade – you gain freedom. It is opposite: if</description><pubDate>Fri, 26 Sep 2008 09:01:22 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/education/forex-basics/">http://www.fxstreet.com/education/forex-basics/</category><author>fxquestions@investija.com (Investija.com)</author><guid>http://www.fxstreet.com/education/forex-basics/support-and-resistance/2008-09-26.html</guid></item><item><title>Part 4: Stop Loss</title><link>http://www.fxstreet.com/education/forex-basics/support-and-resistance/2009-01-07.html</link><description>So far not all trades bring profit and decision where to get out from the negative trade is one of the hardest. There are few reasons why to take a loss it is so hard. First of all we all do not like to lose. It could be financial loss or sports competition. It is in our human nature. We love to win so much, that even small loss sometimes looks like end of the world. Second reason is - that have fear. This fear drives us into the madness and even insignificant loss leaves a strong print into</description><pubDate>Wed, 07 Jan 2009 11:39:40 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/education/forex-basics/">http://www.fxstreet.com/education/forex-basics/</category><author>fxquestions@investija.com (Investija.com)</author><guid>http://www.fxstreet.com/education/forex-basics/support-and-resistance/2009-01-07.html</guid></item><item><title>Part 3: The Time</title><link>http://www.fxstreet.com/education/forex-basics/support-and-resistance/2008-11-17.html</link><description>Now I would like to talk about time. Timing in the market has big impact for the trading account, but so big as choosing the right direction. But even choosing the right direction after some time market will turn around and if you miss right time to get out, all the profits will go away. Based on previous sentence looks like timing is everything. I still think it is not. By my opinion it is better wrong timing than wrong direction. So why I would like to spend all article just talking about</description><pubDate>Mon, 17 Nov 2008 15:46:06 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/education/forex-basics/">http://www.fxstreet.com/education/forex-basics/</category><author>fxquestions@investija.com (Investija.com)</author><guid>http://www.fxstreet.com/education/forex-basics/support-and-resistance/2008-11-17.html</guid></item><item><title>Part 2: Trading method</title><link>http://www.fxstreet.com/education/forex-basics/support-and-resistance/2008-10-16.html</link><description>From the previous article we know that market can be flat or trending. From the examples, we have got some idea how any of those markets looks like, but all those examples been shown as trend or consolidation already happened and big possibility that market is going to do something else. Question is : how to get into the trending market from the beginning or start trading in the range? In this article I am going to show how to draw support and resistance lines and trend lines and those lines</description><pubDate>Thu, 16 Oct 2008 10:11:49 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/education/forex-basics/">http://www.fxstreet.com/education/forex-basics/</category><author>fxquestions@investija.com (Investija.com)</author><guid>http://www.fxstreet.com/education/forex-basics/support-and-resistance/2008-10-16.html</guid></item></channel></rss>