Part 3 - The Markets.. Know what market you are trading in!!
What is trend?
Trend is the direction in which the market moves. An upward trend consist out of higher highs and an downward trend with lower lows.
* Upward trend
* Downward trend
This is called the sideway market, which also is called trading range:
This is an neutral trinagle, where we see lower highs and higher lows. At this markets it is better to wait what the market will do. Every time the price drop, buyers are gettin earlier in, but the sellers are also selling earlier.
Upward Triangle, There are more buyers joining the market.
This one is the downward market. The lower lows are staying equal, the highs are gettin lower. At this time people are waiting for the right time to buy.
We see here a false move. When u think the market will turn on, it makes a false move and getting lower.
This one is called the broadening market. The highs will become higher and the lows lower. A broadening market says that there is a lot of uncertainity. This is an market with high risks. This will be seen a lot at the ending of upward markets.
Trend is the direction in which the market moves. An upward trend consist out of higher highs and an downward trend with lower lows.
* Upward trend
* Downward trend
This is called the sideway market, which also is called trading range:
This is an neutral trinagle, where we see lower highs and higher lows. At this markets it is better to wait what the market will do. Every time the price drop, buyers are gettin earlier in, but the sellers are also selling earlier.
Upward Triangle, There are more buyers joining the market.
This one is the downward market. The lower lows are staying equal, the highs are gettin lower. At this time people are waiting for the right time to buy.
We see here a false move. When u think the market will turn on, it makes a false move and getting lower.
This one is called the broadening market. The highs will become higher and the lows lower. A broadening market says that there is a lot of uncertainity. This is an market with high risks. This will be seen a lot at the ending of upward markets.
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