Market Types in Forex Trading

25th December 2017 0 By Camasu

By Camasu
Basic Market Types BULL MARKET, BEAR MARKET and SIDEWAYS MARKET
As a Beginner of Forex trading before entry the market to trade first you must know the Market types then you can know what Technique is apply at that time

For more details can classify as six types as below
1. BULL NORMAL
2. BULL VOLATILE
3. BEAR NORMAL
4. BEAR VOLATILE
5. SIDEWAYS QUIET
6. SIDEWAYS VOLATILE
If you understand extremely clear about the six market types you don’t need read the explanation below.Go and study more in market charts

More explanation for the 6 Market Types as below:
Bull Normal: Transition 1 is BULL VOLATILE & Transition 2 is SIDEWAYS QUIET
Bull Volatile: Transition 1 is SIDEWAYS VOLATILE & Transition 2 is BEAR VOLATILE
Bear Normal: Transition 1 is BEAR VOLATILE & Transition 2 is SIDEWAYS QUIET
Bear Volatile: Transition 1 is BULL VOLATILE & Transition 2 is SIDEWAYS VOLATILE
Sideways Quiet: Transition 1 is BULL or BEAR NORMAL & Transition 2 is SIDEWAYS VOLATILE
Sideways Volatile: Transition 1 is BULL or BEAR NORMAL & Transition 2 is SIDEWAYS QUIET

Technique Selection
Ranging Market or Trending Market
Short Term or Long Term

As these all are in Back Test, Proof of success will post later.
Sample of chart for above market type will post after back test