{"@context":"https:\/\/schema.org\/","@type":"BlogPosting","@id":"https:\/\/forexschoolonline.com\/market-over-extended\/#BlogPosting","mainEntityOfPage":"https:\/\/forexschoolonline.com\/market-over-extended\/","headline":"Market Over Extended","name":"Market Over Extended","description":"This past week the market in most pairs has been moving very strongly in one direction. Nearly all pairs are over extended and due decent pullbacks. As we know price does not go straight up or down and has to retrace at some point. When the market does move back into some value areas is […]","datePublished":"2012-05-16","dateModified":"2019-08-04","author":{"@type":"Person","@id":"https:\/\/forexschoolonline.com\/author\/jonfox\/#Person","name":"Johnathon Fox","url":"https:\/\/forexschoolonline.com\/author\/jonfox\/","identifier":1,"description":"Johnathon is a Forex and Futures trader with over ten years trading experience who also acts as a mentor and coach to thousands and has written for some of the biggest finance and trading sites in the world.","image":{"@type":"ImageObject","@id":"https:\/\/secure.gravatar.com\/avatar\/d0b589a007c132efe23124c05a02b68524844c0089401129bd50bc12ee59d3a9?s=96&d=monsterid&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/d0b589a007c132efe23124c05a02b68524844c0089401129bd50bc12ee59d3a9?s=96&d=monsterid&r=g","height":96,"width":96}},"publisher":{"@type":"Organization","name":"Forex School Online","logo":{"@type":"ImageObject","@id":"https:\/\/www.forexschoolonline.com\/\/wp-content\/uploads\/2018\/09\/FSO-Transparent-logo-gr.png","url":"https:\/\/www.forexschoolonline.com\/\/wp-content\/uploads\/2018\/09\/FSO-Transparent-logo-gr.png","width":240,"height":60}},"image":{"@type":"ImageObject","@id":"https:\/\/www.forexschoolonline.com\/\/wp-content\/uploads\/2012\/05\/eurjpy.png","url":"https:\/\/www.forexschoolonline.com\/\/wp-content\/uploads\/2012\/05\/eurjpy.png","height":"230","width":"589"},"url":"https:\/\/forexschoolonline.com\/market-over-extended\/","about":["Price Action Charts in Focus"],"wordCount":114,"articleBody":"This past week the market in most pairs has been moving very strongly in one direction. Nearly all pairs are over extended and due decent pullbacks. As we know price does not go straight up or down and has to retrace at some point.When the market does move back into some value areas is the time to\u00a0pounce and get into some solid trades in the direction of the momentum. This post is more of a warning to traders to don’t get caught out shorting at the bottoms of moves or going long from the top. Buy low and sell high, and sell high and buy low! EURJPY DAILY CHART "}