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    Thread: Definition of Forex Common Terms

    1. #21
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      Quote Originally Posted by chidi View Post
      These higher highs and lower lows can help a forex currency trader to get to the top in forex. It helps us in knowing the support and resistance levels in forex trading pair that we choose to trade.
      clear it to base while we do the analysis chart of the past,
      because by knowing the support and resistance levels, we can choose the right time to trade.


      keep the spirit, do not give up, and keep learning.
      happy trading for all ...

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      Well I have no sure idea about these terms but I think there are two levels of highest points which is higher high and lower high and same thing with the lowest levels which is lower low and higher low .

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      I think that forex trading give us advantages to making profits regularly .Forex trading can do in anywhere and anytime as i have internet connection. My dream is be a successful trader an living from it
      and i think finally it brings me a lot of money in my real life.

    5. #24
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      in the definitions above every trader should be able to distinguish between these terms by using a candle stick will be more clearly understand because it is part of the name used to trade

    6. #25
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      Quote Originally Posted by realfun07 View Post
      Well I have no sure idea about these terms but I think there are two levels of highest points which is higher high and lower high and same thing with the lowest levels which is lower low and higher low .
      The most important point is that you must be careful in order to get the maximum profit that is not interrupted by a loss that is too large, you should consider this as an opportunity again to yourself.

    7. #26
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      Quote Originally Posted by ericnyamu View Post
      I know some of use donot know about this term its called legging in . what does it mean . it means entering trades in bits or should i say in small lots . though its time consuming and tiring ( watching charts all the time) it the best way to enter a move you arent sure of
      i think the main reason for most trader trading over forex pair is due to lower spread as compared to other pair in forex market , As well as movement over this pair is really quicker as compared to other pair available in market.

    8. #27
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      if market is on upward trend it is called higher and if it breaks its top and go more high it is called higher high and same for low and lower low.Best of luck.

    9. #28
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      i don't now
      good luck

    10. #29
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      Quote Originally Posted by joynal2u View Post
      Higher High.......
      A highet more higer than the previous high

      Quote Originally Posted by joynal2u View Post
      Higher Low........
      A high low than than previous high
      Quote Originally Posted by joynal2u View Post
      Lower Low........
      A low lower than the previous low

    11. #30
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      Quote Originally Posted by shahzad View Post
      A highet more higer than the previous high


      A high low than than previous high

      A low lower than the previous low
      thanks for the information that you are giving, and i wanna to ask some thing, higher is thee price touch the resistance and go up again and the low lower is the price touch the support and down again ?

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