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Support and Resistance Indicators

Analysis of support and resistance can be a very significant part of proper market analysis and is often a key component to success. This is true because support and resistance area on charts are where the balance of supply and demand has changed. Having a solid indication of where these areas are on your charts can help you to be a more effective trader, reduce risk and trade less by staying out of undesirable market environments. SmartTools in this category are therefor a crucial part of any traders indicator tool kit.

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Risk Disclosure:Futures and forex trading contains substantial risk and is not for every investor. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing ones’ financial security or life style. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results.Please view our dislosure here: Disclaimer