Treasure Brought by the Tide

Non-swimmers know the Ocean

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.

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.