While support and resistance can hold they can obviously break as well and it's a fact that many of the major trends in forex trading take place from new market highs, not market lows. Many forex traders hate buying new highs as they feel they have missed a bit of the move. While this is true, these trends simply accelerate so you should grit your teeth and enter.

Source: http://www.streetdirectory.com/travel_guide/37617/investment/forex_technical_analysis__6__simple_tips_for_bigger_profits.html

Tags: forex, timing, trends

  

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