What does it mean when i'm told "Forex Markets Are In Range"
Jun 24, 2011 at 12:16
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4 Replies
Membro Desde May 13, 2011
22 postagens
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
can someone explain to me clearly what it means when i'm told that the 'markets are in range' ?
thanks
Membro Desde Jun 24, 2011
1 postagens
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.
Membro Desde Jun 14, 2011
1 postagens
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.
Anexos :
Membro Desde Oct 05, 2011
3 postagens
Nov 18, 2011 at 09:19
ALL WRONG..VERY WRONG..CMON GUYS
Membro Desde Jun 09, 2011
186 postagens
Nov 22, 2011 at 00:21
Ranging markets... lol my favorite :D
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