Forex Zone - Forex Forum

Learning to Understand Range

Discussion started on Forex Education

  • Full Member
  • Posts: 152
  • Points: 609
  • Likes Received: 57
  • Reputation: +3/-1
Ranging Market is where prices bounce between high prices and low prices. High prices act as resistance where prices cannot penetrate.

Similarly, low prices act as a support level where prices cannot break too. Market movements can be classified as horizontal or sideways.

Market market users in general are short to medium term forex trading and usually last only a few days with a profit target of several tens of pips. This trading range is done using charts with or without certain indicators. This type of trading makes it possible to open a fight position or in the direction of the main trend because the focus of the trading range is the short-term trend.


Linkback: https://www.forex.zone/forex-education/29/learning-to-understand-range/724/
#1 - February 03, 2019, 09:51:51 PM

  • Jr. Member
  • Posts: 95
  • Points: -5
  • Likes Received: 16
  • Reputation: +0/-0
understanding and learning range is very important because to measure the strength of each currency, as well as to measure the characteristics of each currency pair,
#2 - February 05, 2019, 02:20:17 PM

  • Hero Member
  • Posts: 1254
  • Points: 102
  • Likes Received: 175
  • Reputation: +70/-0

knowing the average price range of a pair in my opinion is very important in our trading activities. this is a reference for us to know which pair has great potential and which pair has a small potential. so that we can determine the right strategy in each pair or choose which pair has a large average range that we will choose








#3 - February 06, 2019, 01:42:33 AM

  • Sr. Member
  • Posts: 318
  • Points: 0
  • Likes Received: 50
  • Reputation: +1/-0
Determining and knowing the daily range of a fair will be useful when determining profit targets and re-determining the direction of the market after reaching the daily range but the daily range is not a reference for determining targets.
#4 - February 10, 2019, 07:41:53 AM

  • Sr. Member
  • Posts: 458
  • Points: -5
  • Likes Received: 145
  • Reputation: +12/-1
Ranging Market is where prices bounce between high prices and low prices. High prices act as resistance where prices cannot penetrate.

Similarly, low prices act as a support level where prices cannot break too. Market movements can be classified as horizontal or sideways.

Market market users in general are short to medium term forex trading and usually last only a few days with a profit target of several tens of pips. This trading range is done using charts with or without certain indicators. This type of trading makes it possible to open a fight position or in the direction of the main trend because the focus of the trading range is the short-term trend.
I don't understand, apologize in advance. can you tell more about the range of understanding. sorry I'm still a beginner and I really want to learn.
#5 - February 10, 2019, 08:04:55 AM

  • Hero Member
  • Posts: 1048
  • Points: 5674
  • Likes Received: 111
  • Reputation: +4/-0
Ranging Market is where prices bounce between high prices and low prices. High prices act as resistance where prices cannot penetrate.

Similarly, low prices act as a support level where prices cannot break too. Market movements can be classified as horizontal or sideways.

Market market users in general are short to medium term forex trading and usually last only a few days with a profit target of several tens of pips. This trading range is done using charts with or without certain indicators. This type of trading makes it possible to open a fight position or in the direction of the main trend because the focus of the trading range is the short-term trend.
Market ranging is often used as the right moment for trading, especially scalpers who often use markets that move zig zag or ranging. By utilizing a resistance-support indicator, it can be used for analysis and obtaining repeated entry moments.
#6 - February 10, 2019, 11:29:46 AM

  • Full Member
  • Posts: 104
  • Points: 0
  • Likes Received: 14
  • Reputation: +0/-0
Range candel each currency pair has a different character. for example the GBPJPY pair has a range of candel dails ranging from 100-200pips. 

Before entering forex trading we must know each pair of currencies in order to prepare good capital and strategies.
#7 - February 10, 2019, 11:05:59 PM

  • Newbie
  • Posts: 23
  • Points: 0
  • Likes Received: 6
  • Reputation: +0/-0
Ranging Market is where prices bounce between high prices and low prices. High prices act as resistance where prices cannot penetrate.

Similarly, low prices act as a support level where prices cannot break too. Market movements can be classified as horizontal or sideways.

Market market users in general are short to medium term forex trading and usually last only a few days with a profit target of several tens of pips. This trading range is done using charts with or without certain indicators. This type of trading makes it possible to open a fight position or in the direction of the main trend because the focus of the trading range is the short-term trend.
Market usually gives several indications or clues for us before it's going to new trend or move to correction area. There are signals which indicated as patterns in market we can detect using our strategy to help us understand that market has its range too. For different pairs, they got different range level in one trend and has specific characteristic to learn first.
#8 - February 11, 2019, 08:21:49 AM

  • Full Member
  • Posts: 125
  • Points: 0
  • Likes Received: 23
  • Reputation: +0/-0
Understanding, reach and learning are very important because to measure the strength of each currency that we trade, and to measure the characteristics of each currency pair, so we can measure the range that we will put in that currency, and continue learning that is the most important
#9 - February 11, 2019, 08:27:35 AM

  • Full Member
  • Posts: 172
  • Points: 0
  • Likes Received: 14
  • Reputation: +0/-0
Ranging Market is where prices bounce between high prices and low prices. High prices act as resistance where prices cannot penetrate.

Similarly, low prices act as a support level where prices cannot break too. Market movements can be classified as horizontal or sideways.

Market market users in general are short to medium term forex trading and usually last only a few days with a profit target of several tens of pips. This trading range is done using charts with or without certain indicators. This type of trading makes it possible to open a fight position or in the direction of the main trend because the focus of the trading range is the short-term trend.
yeah bro .  its called sideway.  buyer and seller have same power  
therefore the direction is still confused
#10 - February 11, 2019, 11:45:49 AM

  • Newbie
  • Posts: 10
  • Points: 0
  • Likes Received: 0
  • Reputation: +0/-0
Ranging Market is where prices bounce between high prices and low prices. High prices act as resistance where prices cannot penetrate.

Similarly, low prices act as a support level where prices cannot break too. Market movements can be classified as horizontal or sideways.

Market market users in general are short to medium term forex trading and usually last only a few days with a profit target of several tens of pips. This trading range is done using charts with or without certain indicators. This type of trading makes it possible to open a fight position or in the direction of the main trend because the focus of the trading range is the short-term trend.
I also like trading on market ranging because there are a lot of signals there
#11 - May 22, 2019, 06:18:51 AM

  • Newbie
  • Posts: 10
  • Points: 0
  • Likes Received: 1
  • Reputation: +0/-0
there are indicators to determine the market range, the name is the daily range.
#12 - May 22, 2019, 06:28:52 AM

  • Newbie
  • Posts: 10
  • Points: 0
  • Likes Received: 0
  • Reputation: +0/-0
Daily range is also important in my opinion because by looking at the daily range we can know whether a trend is saturated or not.
#13 - May 22, 2019, 06:52:55 AM

  • Newbie
  • Posts: 13
  • Points: 0
  • Likes Received: 0
  • Reputation: +0/-0
if I usually use the daily range indicator that I download from the internet.
#14 - May 22, 2019, 07:51:29 AM

  • Full Member
  • Posts: 143
  • Points: 197
  • Likes Received: 2
  • Reputation: +0/-0
Range is very important and needed in trading because with the help of a pair's range, we can maximize our strategy based on resistance support points and the average range for some time.
#15 - February 03, 2020, 07:13:13 AM

Members:

0 Members and 1 Guest are viewing this topic.