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CheCheChe
Feb 26 2019 at 07:06
posts 12
Perfect range trading conditions. Sell at 1.1355 and Buy at 1.1330 . Easy pips making machine. Range trading is way better than trend trading because markets range 80% of the time

LongVision
Feb 26 2019 at 14:46
posts 254
CheCheChe posted:
Perfect range trading conditions. Sell at 1.1355 and Buy at 1.1330. Easy pips making machine. Range trading is way better than trend trading because markets range 80% of the time


I agree with you that markets range 80% of the time but the issue here is

1.How you define a range bound market.
2. What is the definition of range it is 30 pips or 300 pips?
3. What will you do if the market starts trending?

The market will trade through it’s path of least resistance .
niceGLer
Feb 26 2019 at 17:28
posts 165
It is going to be a long wait if the question is about ranging ahead of next weeks NFP.

1) Bollinger bands are flat (=horizontally) in 4H time frame.
2) Does not really matter. Spread decides if the range is tradeable or not. The wider the bands are the better.
3) I would look for another currency pair to trade. Range is not very profitable, in my experience. I know I'm using wrong tools, but still.

alexforex007
Feb 27 2019 at 00:28
posts 774
The EURUSD may have found a resistance around the 1.1400 level, but a breakout could take the pair to the 1.1500 zone. To the downside, the 1.1300 level may act as support.

LongVision
Feb 27 2019 at 07:21
posts 254
LongVision posted:
I am bullish on EURUSD open position on 1.1337 with trailing stop of 60pips.


My position is stuck in a range from the previous 7 days without hitting my stop loss now there is some movement in EURUSD now I hope I will exit my position with a small loss or nice profit.



Fichiers joints:


The market will trade through it’s path of least resistance .
parish
Feb 27 2019 at 07:24
posts 58
CheCheChe posted:
Perfect range trading conditions. Sell at 1.1355 and Buy at 1.1330 . Easy pips making machine. Range trading is way better than trend trading because markets range 80% of the time

typical beginners mistake
scalping is for advanced traders
Kind regards

i trade to make money not to be right
parish
Feb 27 2019 at 07:57
posts 58
alexforex007 posted:
The EURUSD may have found a resistance around the 1.1400 level, but a breakout could take the pair to the 1.1500 zone. To the downside, the 1.1300 level may act as support.

that is a good plan if break 1.14 level its going to 1.14700-1.1500 level
en if going down resitance a round 1.13000
kind regards

i trade to make money not to be right
Muscat
Feb 28 2019 at 11:42
posts 11
Price is at 1.14 now and has edged a little higher. I will need to see a close on 1H and then a retest of 1.14 to consider going higher through. Very choppy price movement on EURUSD now so is risky time

Anthony Rizal (AnthonyWins)
Mar 01 2019 at 13:34
posts 212
I see the opportunity for sell on EUR/USD.
The 1.1372 suppot was broken and the next one is 1.1337

AkbarM
Mar 01 2019 at 13:35
posts 9
Lot of resistance at 1.14 once again price fell lower. What do people think the reasons are for the tight range on euro? Is brexit causing indecision?

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