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What does it mean when i'm told "Forex Markets Are In Range"
jezrp

Medlem sedan May 13, 2011  22 poster 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

Randa1001

Medlem sedan Jun 24, 2011  1 poster 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.

thetimingguy

Medlem sedan Jun 14, 2011  1 poster 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.

Bifogade filer:

mylivefxtrades

Medlem sedan Oct 05, 2011  3 poster mylivefxtrades Nov 18 2011 at 09:19
ALL WRONG..VERY WRONG..CMON GUYS

tigpips

Medlem sedan Jun 09, 2011  182 poster tigpips Nov 22 2011 at 00:21
Ranging markets... lol my favorite :D

SaltyWaters

Medlem sedan Mar 22, 2010  191 poster 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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