Never miss a story from Richard Krivo

Subscribe to receive daily updates on publications
Please enter valid First Name
Please fill out this field.
Please enter valid Last Name
Please fill out this field.
Please enter valid email
Please fill out this field.
Please select a country

I’d like to receive information from DailyFX and IG about trading opportunities and their products and services via email.

Please fill out this field.

Your Forecast Is Headed to Your Inbox

But don't just read our analysis - put it to the rest. Your forecast comes with a free demo account from our provider, IG, so you can try out trading with zero risk.

Your demo is preloaded with £10,000 virtual funds, which you can use to trade over 10,000 live global markets.

We'll email you login details shortly.

Learn More about Your Demo

You are subscribed to Richard Krivo

You can manage your subscriptions by following the link in the footer of each email you will receive

An error occurred submitting your form.
Please try again later.

Student’s Question:I’m confused. What does making “higher highs and higher lows” mean?Instructor’s Response:Yes…it can be a bit confusing at the outset.Take a look at the chart below and look at the uptrends shown in green. As a pair trades to the upside, as price action moves up and retraces, moves up and retraces or pulls back, each high will be higher than the one before it and each low will be higher than the one that occurred just prior. There may some minor exceptions as the move/trend continues, but, overall, that is how it builds.On the other hand, lower lows and lower highs would be what a trader would see as a downtrend continues. Those are shown on the chart below in red.Also you will see on the chart that there are two examples of the pair trading in a range.

Higher_Highs_and_Higher_Lows_body_29157d1241575661-post-day-chart-5-5-09.png, Higher Highs and Higher Lows

To learn more about identifying trends and ranges, there are a total of eight lessons on both subjects in the Daily FX Trading Course that is available to live account holders.

All FXCM live account holders have access to the course at the following link…

Once there, click on Trading Course and proceed to the subjects of Trend Trading and Range Trading.