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consolidation

  • #1
  • First Post: Dec 4, 2007 10:50am Dec 4, 2007 10:50am
What is Consolidation? How it would take place and how it would react to the market?

I will be waiting for your insights.. Thank you..
  • #2
  • Dec 4, 2007 11:27am Dec 4, 2007 11:27am
Quoting ladytrader
What is Consolidation? How it would take place and how it would react to the market?

I will be waiting for your insights.. Thank you..
Consolidation = Ranging market, If there is a support beneath and a resistance above the current market. It will look like it is bound into a range.
For Instance on GbpUsd H4, from Oct 2 to Oct 18th.
  • #3
  • Dec 4, 2007 11:52am Dec 4, 2007 11:52am
Here is a good resource for your questions also...... investopedia.com
Same Whore .... Different Dress
  • #4
  • Dec 4, 2007 7:55pm Dec 4, 2007 7:55pm
Quoting johnedoe
Here is a good resource for your questions also...... investopedia.com
Thank you for the link.. It gives me idea what consolidation means.. Thanks!
  • #5
  • Last Post: Dec 4, 2007 7:58pm Dec 4, 2007 7:58pm
Quoting Canyouseeme
Consolidation = Ranging market, If there is a support beneath and a resistance above the current market. It will look like it is bound into a range.
For Instance on GbpUsd H4, from Oct 2 to Oct 18th.
Canyouseeme, thank you for the insights.. It is helpful for me..
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