Here Forex Schooling you have learned some topics those are for only alphabet of currency business. Now you may want to know about how to guess market environment. Well .... The market is healthy or weak or simply move as a snail these are you must be recognized firstly for trading. It is called trade-spotting.
Forex learner called these market environments as Bull market, Bear market or sideways/ranging market.
Bull market means the Buyer is in power so market force up-warding. Bear market means the opposite of a bull market. And ranging market moves very small like a snail.
Fibonacci and Trade line helps you to focus on the overall market nature for a specific time and Pivot, Support and resistance just tells you if the market is ranging or not.
*Reversal trending: You may notice that the market is down trending but all of a sudden it goes up trending and this time you may cause of losing your profit since you are not still familiar this. It is called a reversal. And reverse trend is the nature of the market. So you have protected yourselves for this.
Reverse trade can occur any time but usually after a heavy bull or bear trading. And long time price reversal is common remember it.
Forex learner called these market environments as Bull market, Bear market or sideways/ranging market.
Bull market means the Buyer is in power so market force up-warding. Bear market means the opposite of a bull market. And ranging market moves very small like a snail.
Fibonacci and Trade line helps you to focus on the overall market nature for a specific time and Pivot, Support and resistance just tells you if the market is ranging or not.
*Reversal trending: You may notice that the market is down trending but all of a sudden it goes up trending and this time you may cause of losing your profit since you are not still familiar this. It is called a reversal. And reverse trend is the nature of the market. So you have protected yourselves for this.
Reverse trade can occur any time but usually after a heavy bull or bear trading. And long time price reversal is common remember it.
No comments:
Post a Comment
You are always welcome and thanks a lot.