Lesson 5

Market Types



Lesson Details

Market Types

Now that you know the Forex Basics, get ready to learn about different Market Types. Market Types are extremely important to understand when trading and knowing how to identify different Market Types will help you achieve success in knowing how to trade any market. When we talk about Market Types, we're not talking about stocks, commodities or bonds. We are talking about the different states the market switches between, trend and range. Get your notepad out and prepare yourself to dive into the basics of technical analysis and get started on the right foot!

Answer 7 of 9 questions to advance to next lesson.

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What are the two market types?

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If price is moving with higher highs and higher lows it is a?

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Why is it important to be able to recognize different market types?

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What type of markets is it best to know how to trade?

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If price is rotating between high and lows this is a?

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If price is putting lower lows and lower highs this is a?

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A ranging market is where?

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When would you guess the U.S. dollar is typically trending?

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The market switches between which two states?

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