Support / Resistance, Trend Lines & Channels

Staring at the graphs, criss-crossing lines and decimated numbers on trading platforms, Forex trading can be a little intimidating for newbies, at first. There are so many methods revised by forum pros every day, but you hardly understand those jargons. Fibonacci expansion, say what?

However overwhelming these uncanny terms may appear, fortunately enough, you can start trading just by using simple and effective strategies that is as useful as any indicators in the market or on the trading platform (although overlooked often by many), which is trading with Support and Resistance levels.