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What does it mean when i'm told "Forex Markets Are In Range"
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Mitglied seit May 13, 2011 22 Beiträge
jezrp
Jun 24 2011 at 12:16
Hi ,
can someone explain to me clearly what it means when i'm told that the 'markets are in range' ? thanks |
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Mitglied seit Jun 24, 2011 1 Beiträge
Randa1001
Jun 24 2011 at 15:39
This means that the price move in very tight level. As a technical definition it is called consolidation area which you can notice that both demand and supply are equal.
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Mitglied seit Jun 14, 2011 1 Beiträge
thetimingguy
Jun 24 2011 at 15:39
I believe it is when the market is moving sideways, like in a channell. Eg, they are rising and falling between a level of resistance and a level of of support and don't often go outside that. Often refered to a 'range bound' as oposed to a trending market that has higher highs or lower lows.
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Mitglied seit Oct 05, 2011 3 Beiträge
mylivefxtrades
Nov 18 2011 at 09:19
ALL WRONG..VERY WRONG..CMON GUYS
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Mitglied seit Jun 09, 2011 107 Beiträge
tigpips
Nov 22 2011 at 00:21
Ranging markets... lol my favorite :D
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Mitglied seit Mar 22, 2010 191 Beiträge
77z3-FX.com (SaltyWaters)
Nov 22 2011 at 01:11
They are actually right but click the link for more info:
http://www.investopedia.com/terms/r/range.asp#axzz1eOIEZi3c Only individuals have a sense of responsibility. – Nietzsche |
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