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    Thread: Definition of Forex common terms

    1. #151
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      when the price move high and after bullish it retest some pips and again move high that is called the hire high and when the price go bearish and after some fall it retest few pips and after that it move again bearish and break the preview low of the bearish is called lower low.


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    3. #152
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      What is the meaning of

      Higher High.......
      Higher Low........
      Lower Low........
      Lower High.....
      I am sorry to say that i have no so much knowledge about this and when i shall get batter information then i must submit in next post.


    4. #153
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      higher highs means when successive candles always have its upper wick or shadow that is higher than its previous candle, while higher low is the situation where you have a successive candles producing lower upper shadows than its previous candles, and then lower low is the exact opposite of higher highs and the lower highs is the exact opposite of higher lows.


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      What is the meaning of

      Higher High....... means the price or candle close higher than the pass high
      Higher Low........ means the candle closed higher than low candle before
      Lower Low........ the candle close lower than the low candle
      Lower High..... candle close lowerthan last high
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    6. #155
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      What do you ask then it seems that there is something at the pivot point, in this case it is:
      R2 = Higher High
      R1 = Higher Low
      pivot
      S1 = Lower Low
      S2 = Lower High
      This point can also be called a line supportandresistance useful to measure the strength of price movements based on point oversold and overbought.


    7. #156
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      forex is currencies trading business. we are make profits from buy to sell or sell to buy price differences. when we are has good understanding, and prepared with strategy as well, we are has chance to perform proper analysis and make consistent profits.


    8. #157
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      I do not know that what did you want to know.All those traders which had basic knowledge do not ask for the such questions and i think you also need to gain the basic knowledge and then you are not going to ask these kinds of questions to the traders.


    9. #158
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      In simple explanation, forex is a currency trading where we can trade currency through a online platform . We can sell or buy the currency pairs and make some profits which is fast and easy to make when we have enough skills. Many people have misconception about forex that this is like a gambling but that is wrong. Forex is a trading business like stock or commodity.


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      these are the terms which are used to specify special price value of a currency pair just like we call the support and the resistance and these terms have their own values which could be different on different charts so it really depends on you how you set them up and then take them inconsideration for your trading.


    11. #160
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      all these listed terms are used when analysing the trend , because higher highs simply means that the price in the market is creating another highs that is higher than the previous high and the exact opposite is for lower lows.while lower highs simply means that the price is creating high prices that are lower than the previous high price and the exact opposite is for lower highs.


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