Forex Trading | Currency Exchange | Currency Trading | Foreign Exchange Blog » resistance http://www.forexbite.com/bites Wed, 20 Apr 2011 04:26:46 +0000 en hourly 1 http://wordpress.org/?v=3.1.1 What Is Range Trading http://www.forexbite.com/bites/what-is-range-trading http://www.forexbite.com/bites/what-is-range-trading#comments Thu, 23 Dec 2010 03:12:42 +0000 http://forexbite.com/bites/?p=53 What Is Range Trading post from Forex Trading Blog

]]> Range trading, or range-bound trading, is a trading style in which a financial product (fore example currency or stock) is watched that have either been rising off a support price or falling off a resistance price. Let’s talk in the context of forex trading. That is, every time the currency pair hits a high, it falls back to the low, and vice versa. Such a currency pair is said to be “trading in a range”, which is the opposite of trending. The range trader therefore buys the currency at or near the low price, and sells (and possibly short sells) at the high. A related approach to range trading is looking for moves outside of an established range, called a breakout (price moves up) or a breakdown (price moves down), and assume that once the range has been broken prices will continue in that direction for some time.

The same principles of range trading are equally applicable in the stock market as well as other financial markets.

What Is Range Trading post from Forex Trading Blog

]]> http://www.forexbite.com/bites/what-is-range-trading/feed 7 USD Ranging eying for possible resistance area http://www.forexbite.com/bites/usd-ranging-eying-for-possible-resistance-area http://www.forexbite.com/bites/usd-ranging-eying-for-possible-resistance-area#comments Sat, 04 Dec 2010 22:01:42 +0000 http://forexbite.com/bites/?p=19 USD Ranging eying for possible resistance area post from Forex Trading Blog

]]> The dollar index is raging this morning, eying a key area of resistance in the 81.55/75 area. Just above that is the 200-day moving average at 81.93. The 50% Fibo of the May, November drop comes in nearby at 82.02.

USD Ranging eying for possible resistance area post from Forex Trading Blog

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