do you know what a "bull market" is?
glossary FAQ: glossary.
Cristopher J. From Canada
22 November, 2008
"bull market " is A market which is on a consistent upward trend. Visit FOREX.com
do you know what a "buy a bounce" is?
glossary FAQ: glossary.
X. M. From Canada
11 December, 2009
A strategy that focuses on buying a given security once the price of the asset falls toward an important level of support. Traders who "buy a bounce" attempt to profit from a short-term correction or "bounce" off of the identified support.
In order to use this strategy most effectively, a trader has to be sure that he or she is able to identify a valid level of support. Some traders may wish to enter a position before the signs of a bounce off of a support level, but generally this is a high-risk strategy and can result in devastating losses. Most traders will want to confirm a bounce off of a support level by using a combination of other technical indicators before entering a position. Visit FXDD
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