What is "Notable Number Strategy"?

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Agnes Ballard
Answered 2 months, 1 week ago
<p id="isPasted">"Notable Number Strategy" in the context of Forex trading refers to identifying and using significant round numbers (like 1.00, 1.20, etc.) as potential support or resistance levels. These "round numbers" are often perceived as psychologically important, and traders may enter or exit positions based on the price reaching or reacting near these levels.&nbsp;</p><p><br></p>