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

jezrp

Anggota Sejak May 13, 2011 22 pos

Jun 24, 2011 at 12:16

Anggota Sejak May 13, 2011 22 pos

Hi ,

can someone explain to me clearly what it means when i'm told that the 'markets are in range' ?

thanks

Randa1001

Anggota Sejak Jun 24, 2011 1 pos

Jun 24, 2011 at 15:39

Anggota Sejak Jun 24, 2011 1 pos

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

Anggota Sejak Jun 14, 2011 1 pos

Jun 24, 2011 at 15:39

Anggota Sejak Jun 14, 2011 1 pos

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.

Lampiran:

mylivefxtrades

Anggota Sejak Oct 05, 2011 3 pos

Nov 18, 2011 at 09:19

Anggota Sejak Oct 05, 2011 3 pos

ALL WRONG..VERY WRONG..CMON GUYS

tigpips

Anggota Sejak Jun 09, 2011 186 pos

Nov 22, 2011 at 00:21

Anggota Sejak Jun 09, 2011 186 pos

Ranging markets... lol my favorite :D

http://www.freeforexrebates .info

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