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

Jun 24, 2011 at 12:16
2,240 Tampilan
4 Balasan
Menjadi Anggota Sejak May 13, 2011   20 postingan
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
Menjadi Anggota Sejak Jun 24, 2011   1 postingan
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.
Menjadi Anggota Sejak Jun 14, 2011   1 postingan
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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Menjadi Anggota Sejak Oct 05, 2011   3 postingan
Nov 18, 2011 at 09:19
ALL WRONG..VERY WRONG..CMON GUYS
Menjadi Anggota Sejak Jun 09, 2011   183 postingan
Nov 22, 2011 at 00:21
Ranging markets... lol my favorite :D
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