Forex glossary
What is a range?
A sideways market moving between roughly equal highs and lows.
Definition
Range: A sideways market moving between roughly equal highs and lows.
In context
The traders' version: the whole second candle (wicks included) sits inside the first candle's range.
From the lesson Harami and Inside Bars.
Lessons that cover Range
Support & Resistance · 6 min
Support and Resistance
The floors and ceilings that price keeps bumping into.
Support & Resistance · 4 min
Channels
Two parallel lines that turn a trend into a highway.
Japanese Candlesticks · 5 min
Harami and Inside Bars
Baby candles inside their mother: compression before a move.
Moving Averages · 5 min
Simple Moving Average (SMA)
The average price of the last N candles, drawn as a smooth line.
Indicators · 5 min
Stochastic Oscillator
Where is price inside its recent range? Overbought and oversold.
Indicators · 5 min
ADX: Is There Even a Trend?
The indicator that measures trend strength, not direction.