Trading systems are actively developing, and with them tools for market analysis. However, against this dynamic background, support and resistance levels continue to be among the fundamental tools of technical analysis. Time-tested classics are especially in demand during periods of turbulence in financial markets. Thus, the theory of resistance and support levels is the basis for the study of technical analysis in Forex. A number of effective trading strategies are built on the "levels", algorithms of popular technical indicators work on them. But how to determine the price levels correctly? What rules should be considered in order to enter into a deal at the levels? Find out the answers to these and other questions at the training webinar "Trading from levels. Determining the true support and resistance lines." The webinar will be organized by NPBFX and the FX-Instructor Distance Education Center this Thursday, May 16. Do not miss the opportunity to make your trading decisions more profitable.
Webinar program:
• market theory of support and resistance;
• choosing the time interval to determine the working level on FOREX;
• how to enter into a trade at the levels;
• choosing the optimal level to set the risk limit;
• Open position management practices and profit maximization techniques.
When will the webinar take place?
Date: May 16, 2024 (Thursday)
Time: 20:00 Moscow time
Participation fee: free
Speakers of the project:
Viktor Yemchenko is the head of the FXinstructor Training Center, an active member of the Russian Academy of Natural Sciences (RANS). Author and presenter of special courses: "Features of short-term transactions on the news", "Trading template: opening Europe", "Methodology for building your own trading strategy".
Alexander Minaev — the results of his scientific work are modified trading methods based on Demark and Wolf, the probability of a profitable transaction in which is increased to 80%. The MIFI national trading team under his leadership has repeatedly won prizes in the annual All-Russian student competition held jointly with the Moscow Stock Exchange.
Vladimir Leiner is a leading financial consultant at the FXinstructor Training Center, a graduate student at the Department of Stock Exchange and Securities of the Plekhanov Russian University of Economics. Author and presenter of the course "Trading in financial markets from A to Z".
To register for the webinar, register at the link on the NPBFX broker's website.
The trade war between the United States and other countries is being monitored all over the world. Each round of negotiations, statements by leaders and the introduction of new tariffs cause sharp fluctuations in the markets. For example, technology companies (Apple, Nvidia, AMD) that are tied to supply chains between the United States and China are often the first to feel pressure — stocks fall on expectations of rising costs and declining sales. On the other hand, some companies, such as domestic manufacturers, benefit from the tariffs and show growth (for example, the US agricultural sector, alternative suppliers of microchips outside China).
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