Buyers & Sellers

Hi, guys..

So last post i wrote about what is "FOREX" . I hope you guys understand something from my previous post.

so Today i would like to write about ... ... ... ... ... ... ...

about what?

Maybe you guys wondering how can we know the market reach 1 point where we certainly it will bounce . What? bounce? what is that?

Let's look at the above figure, we look it from left side to right side alright?

The first zone i marked blue line at the bottom & red line at the top, with the A, B, C, D.

Remember that we need to look from left to right? This is because the price move from past (Left) to present (Right).

From point A  to point B to point C and to point D.

The bounce is refer to how A can reach C. Which is through B. Agree?
So the point B is the bounce point aka turning point.

you good fellas?


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How Does The Market Move?
Good question.

1 Thing for sure, there are a lot of factors.

1 of them is what we called Buyers & Sellers.

okay, ask yourselves.

When you open a shop. How you define your business is doing good?

Yup, a lot of customers come and buy stuff from your shop right? So you will be making a lot of profit.

and when there's no body is coming, and yet the suppliers keep coming and force you to pay for the goods in advance, is this good? your profit will drop!!

When the rate of customer is higher than the rate of supplier coming, your net profit is growing UP.
When the rate of supplier is higher than your customer, well...enough say...your net profit is

DOWN!

It goes the same with the currency market. If the shop have customers and suppliers as buyers & sellers,

What drives FOREX market?







I will continue in the next post of who drives the FOREX market.



Thanks a lot guys!
Regards.