3-10：TCC Top Forex： foreign exchange trading trends and fluctuation range.docx

1、TCC Top Forex： foreign exchange trading trends and fluctuation rangeFirst of all, what is foreign exchange: the foreign exchange or foreign exchange market is the worlds largest financial market, with daily trading volume exceeding $1.5 trillion, trading currency. Unlike other financial markets, the

2、 foreign exchange market has no physical space and no redemption centers. Through the banks electronic network, dealing with companies and individuals trading one currency against another.When you choose to start trading in the Forex market, often referred to as the foreign exchange market, you need

3、 to know some trading vocabulary. It is essential to learn the specific terms and their meaning before you consider using real money transactions. If you dont get a flight certificate, you can never sit in the pilots seat and fly the plane. The same applies to foreign exchange market transactions. Y

4、ou need to fully understand what you are doing. This is a market that cannot be learned quickly, so you will never imagine that once you enter again, you will learn at the same time. And some people choose this, they end up investing a lot of money because they are not ready. It is important to unde

5、rstand the nature of trends and fluctuations in Forex trading. If you are considering trading the foreign exchange market, confirm what you mean by the terms and their impact.Trading trendA trend arises when prices continue to shift in one direction in foreign exchange. When the direction is large,

6、the trend is often referred to as a bull market. When the direction of prices falls, the trend is often referred to as a bear market. These terms are of course related. When you define trends, you should always remember that the peaks and troughs of the price should be in the same direction. When yo

7、u deal with bear market trends, remember that the highest and lowest prices are down. When you trade in a bull market trend, the price changes upwards.Usually when the trend is generated, the support line (in the ascending trend) can be drawn below the higher fluctuations. You can draw an alignment (in the downtrend) above the transition position. Once you find that these lines are broken, you can expect the trend to complete. The trend is likely to start to reverse at these points. When it does reverse, you will need to understand what the resulting form is.Trend reversal