logo |

News

    Home   >     Original    >     Main body

    Treasure Brought by the Tide

    Abstract:The trend is clarified in the Dow theory as a series of successive price movements, indicating a situation where each low closes lower than the previous lows. As for the opposite situation where successive upsides keep breaking through the previous highs, it is regarded as an uptrend.
    1200-627-Treasure

      Non-swimmers know the Ocean

      

    unnamed.png

      The trend is clarified in the Dow theory as a series of successive price movements, indicating a situation where each low closes lower than the previous lows. As for the opposite situation where successive upsides keep breaking through the previous highs, it is regarded as an uptrend. So in the real world, the price movement is in a zig-zag fashion instead of a straight line. We can compare a trend to the tide. The market is like an ocean. We stand on the island to observe the status of the ocean by recording the mark left on the beach. The tide is pushed by small waves. while each wave is pushed by smaller ripples. But every time the tide fades away, it is a great opportunity to collect treasure from the ocean.

      

    0

      The observer is capable of forecasting the direction of the tide by counting the highest point reached by a series of waves. If successive waves reach further on the beach than the previous ones, we should be careful of the upcoming big tide. Unlike actual ocean tide, which only lasts for a couple of hours, the price trend of the market lasts for years. In this case, investing in the Forex market is energy saving. People can hold the position for months and wait for the opportunity to close.

      Unfortunately, people have no chance to claim their treasury collected on the beach if they mistrust illegal brokers. However, WikiFX as a global Forex inquiry platform provides accurate rankings of brokers and keeps them updated. So if you are looking for a broker to start your Forex trading journey, please search the details about brokers on the WikiFX.

      

    fennTOP-760x380.jpg

    Latest News

    United States Dollar

    • United Arab Emirates Dirham
    • Australia Dollar
    • Canadian Dollar
    • Swiss Franc
    • Chinese Yuan
    • Danish Krone
    • Euro
    • British Pound
    • Hong Kong Dollar
    • Hungarian Forint
    • Japanese Yen
    • South Korean Won
    • Mexican Peso
    • Malaysian Ringgit
    • Norwegian Krone
    • New Zealand Dollar
    • Polish Zloty
    • Russian Ruble
    • Saudi Arabian Riyal
    • Swedish Krona
    • Singapore Dollar
    • Thai Baht
    • Turkish Lira
    • United States Dollar
    • South African Rand

    United States Dollar

    • United Arab Emirates Dirham
    • Australia Dollar
    • Canadian Dollar
    • Swiss Franc
    • Chinese Yuan
    • Danish Krone
    • Euro
    • British Pound
    • Hong Kong Dollar
    • Hungarian Forint
    • Japanese Yen
    • South Korean Won
    • Mexican Peso
    • Malaysian Ringgit
    • Norwegian Krone
    • New Zealand Dollar
    • Polish Zloty
    • Russian Ruble
    • Saudi Arabian Riyal
    • Swedish Krona
    • Singapore Dollar
    • Thai Baht
    • Turkish Lira
    • United States Dollar
    • South African Rand
    Current Rate  :
    --
    Amount
    United States Dollar
    Available
    -- United States Dollar
    Risk Warning

    The Database of WikiFX comes from the official regulatory authorities , such as the FCA, ASIC, etc. The published content is also based on fairness, objectivity and fact. WikiFX doesn't ask for PR fees, advertising fees, ranking fees, data cleaning fees and other illogical fees. WikiFX will do its utmost to maintain the consistency and synchronization of database with authoritative data sources such as regulatory authorities, but does not guarantee the data to be up to date consistently.

    Given the complexity of forex industry, some brokers are issued legal licenses by cheating regulation institutes. If the data published by WikiFX are not in accordance with the fact, please click "Complaints "and "Correction" to inform us. We will check immediately and release the results.

    Foreign exchange, precious metals and over-the-counter (OTC) contracts are leveraged products, which have high risks and may lead to losses of your investment principal. Please invest rationally.

    Special Note, the content of the Wikifx site is for information purposes only and should not be construed as investment advice. The Forex broker is chosen by the client. The client understands and takes into account all risks arising with Forex trading is not relevant with WikiFX, the client should bear full responsibility for their consequences.