The image is an illustration of a fading-market condition where the price move to an extreme high and return to a realistic level and then moves to an extreme low and return to a realistic level.
Market condition and indicator
Some of the indicators the trading platforms (an example of a trading platform is Plus500) offer is better indicators in a trend-fading market than in a trend-following market and vice versa. In the article “Trade Forex with Indicators” is more written about which indicators and which markets condition they fit best in.
Plus500 and the 25 Euro bonus
Plus500 is a simple and user-friendly trading platform; download the platform and receive a 25 Euro bonus; no deposit is required to get the 25 Euro bonus.
Information about the trading platform is available in different languages; it only takes a few minutes to download; the indicators are at the f (x) button above the currency pair graph on the trading platform.
Video in English
More information about Plus500 is on this link to plus500. Please notice that your capital may be at risk trading CFD.
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