Canadian Dollar/Swiss FrancEducation
Cadchf:Starter's lessons
Good day new traders,
Those who ard starting to learn financial market lessons.
What is a trend?
A trend is a tendency for prices to move in a particular direction over a period of time.
There is 3 kind of trend in the market:
1- up trend:
Which price start to creat a series of higher high and higher low.
- Connet at least 3 point of this series and use your trendline.
-In upward moves this trend line supports buying.
-Do not put your stop loss under this line .
2- Down move:
- Which price start to creat a series of lower low -lower high
-Connet at least 3 point of this series and use your trendline
- In downward move this act as a resistances.
-Range move or sideway : A sideways trend is the horizontal price movement that occurs when the forces of supply and demand are nearly equal.
-So you can sell at resistance area and buy at support.this may continue until a group of buyers or sellers break one of this two area's.
Find upward-downward or sideway move's in your chart ,then put your trenline and look how it acts.
Identify a sideway zone which there is equilbrum between buyers and sellers which no one are winner's of battle.
This is a very important zone which we call it base ,where may a new move starts.
To learn more do this home works:
_Identify an up move which buyers control that market.
_Identify an down move which sellers control that market.
Have fun
Those who ard starting to learn financial market lessons.
What is a trend?
A trend is a tendency for prices to move in a particular direction over a period of time.
There is 3 kind of trend in the market:
1- up trend:
Which price start to creat a series of higher high and higher low.
- Connet at least 3 point of this series and use your trendline.
-In upward moves this trend line supports buying.
-Do not put your stop loss under this line .
2- Down move:
- Which price start to creat a series of lower low -lower high
-Connet at least 3 point of this series and use your trendline
- In downward move this act as a resistances.
-Range move or sideway : A sideways trend is the horizontal price movement that occurs when the forces of supply and demand are nearly equal.
-So you can sell at resistance area and buy at support.this may continue until a group of buyers or sellers break one of this two area's.
Find upward-downward or sideway move's in your chart ,then put your trenline and look how it acts.
Identify a sideway zone which there is equilbrum between buyers and sellers which no one are winner's of battle.
This is a very important zone which we call it base ,where may a new move starts.
To learn more do this home works:
_Identify an up move which buyers control that market.
_Identify an down move which sellers control that market.
Have fun
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.