Forex Zone - Forex Forum

Learning to Understand Range

Discussion started on Forex Education

  • Hero Member
  • Posts: 1055
  • Points: 607
  • Likes Received: 5
  • Reputation: +0/-7
Understanding a range of price movements, it will help us to determine the risks and targets that are in accordance with our system more optimally
#46 - August 29, 2021, 06:12:28 AM

  • Full Member
  • Posts: 219
  • Points: 0
  • Likes Received: 7
  • Reputation: +0/-0
talking about the price range, of course, you will know how to analyze the middle price and you can open a position with the middle price but if you have trouble you can just use Fibonacci
#47 - October 03, 2021, 06:59:57 AM

  • Full Member
  • Posts: 225
  • Points: 0
  • Likes Received: 19
  • Reputation: +0/-0
When you try to learn a range then you should know that the use of the ring is to see the volume size of a chart so this can be used as a technique if you can you can add technical tools such as Fibonacci so you know the size of a chart
#48 - October 15, 2021, 01:58:06 AM

  • Sr. Member
  • Posts: 350
  • Points: 256
  • Likes Received: 0
  • Reputation: +0/-0
Understanding Range Price movement can help us in determining the target daily in trading, so we can better know the maximum limit of risks and potential of our profit in trading
#49 - October 24, 2021, 06:30:03 AM

  • Jr. Member
  • Posts: 77
  • Points: 883
  • Likes Received: 0
  • Reputation: +0/-0
It is very necessary for us to know the range of every pair that we will trade, this will know the maximum profit limit we have time and how the maximum risk is
#50 - October 27, 2021, 02:19:47 PM

  • Sr. Member
  • Posts: 289
  • Points: 814
  • Likes Received: 7
  • Reputation: +0/-0
In my opinion, the daily range is not something to be taken lightly because it could be that the daily range will make us profit. I myself pay close attention to the daily range of a currency because I trade Intra day
#51 - October 27, 2021, 10:34:38 PM

  • Full Member
  • Posts: 160
  • Points: 668
  • Likes Received: 2
  • Reputation: +0/-0
if you look at the market range, the most favorite currencies are EU and GU.. these are the safest currencies to look for daily ranges with small spreads
#52 - October 27, 2021, 10:35:29 PM

  • Sr. Member
  • Posts: 456
  • Points: 1017
  • Likes Received: 3
  • Reputation: +0/-0
What is meant by Range is the distance between High to Low of a timeframe period of a certain time range. In this case the time range is M1 , M5 , M15 , M30 , H1 , H4 , D1 , W1 , MN. The distance between this high and low can be used by a trader to determine Taking profit or stop Loss.
#53 - October 27, 2021, 10:36:56 PM

  • Hero Member
  • Posts: 619
  • Points: 184
  • Likes Received: 8
  • Reputation: +0/-0
So from that range we can find out that the range of a certain period has expired or is just starting. This can be used as a reference for a trader to apply existing transaction strategies in the form of hedging, marty, or averaging and other strategies.
#54 - October 27, 2021, 10:37:52 PM

  • Full Member
  • Posts: 237
  • Points: 757
  • Likes Received: 1
  • Reputation: +0/-0
In my opinion, the determinant of profit is not related to the range, but the profit is if our transaction is in line with the interests of market participants, if the interest of market participants brings the price even higher, while we are in a state of buy transactions then we will get profit.
#55 - October 27, 2021, 10:39:51 PM

  • Full Member
  • Posts: 101
  • Points: 6
  • Likes Received: 0
  • Reputation: +0/-0
Understanding a range in trading for me is better, because by understanding price range we can maximize the trading system that we have, especially in terms of determining profit targets and maximum risk limitations
#56 - October 29, 2021, 01:33:00 AM

  • Hero Member
  • Posts: 3601
  • Points: 0
  • Likes Received: 54
  • Reputation: +5/-7
Understanding the range in trading is expected to make better trading we can more communine, because we know the maximum target and a good risk limit by understanding a range
#57 - November 12, 2021, 02:31:16 PM

  • Sr. Member
  • Posts: 304
  • Points: 0
  • Likes Received: 39
  • Reputation: +0/-0
reading and understanding a price range is something we must do because indeed when we analyze candles we must know how to analyze a range so we will understand to calculate this range
#58 - November 12, 2021, 07:43:55 PM

  • Jr. Member
  • Posts: 95
  • Points: 0
  • Likes Received: 1
  • Reputation: +0/-0
If we want to maximize the benefits we will receive, then we must understand the price of the price of a pair that we will trade, by understanding it will make us more at least the risk
#59 - November 19, 2021, 10:14:33 PM

  • Full Member
  • Posts: 206
  • Points: 111
  • Likes Received: 7
  • Reputation: +0/-0
if we can understand the range of movements from the pair we trading we will certainly be better and will greatly help us when trading especially when we determine the target
#60 - November 24, 2021, 04:31:35 PM

Members:

0 Members and 1 Guest are viewing this topic.