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
Feb 26 2019 at 14:46
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 .
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.
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.
Feb 27 2019 at 00:28
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.
Feb 27 2019 at 07:21
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.
付属品:
The market will trade through it’s path of least resistance .
CheCheChe posted:typical beginners mistake
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
scalping is for advanced traders
Kind regards
i trade to make money not to be right
alexforex007 posted:that is a good plan if break 1.14 level its going to 1.14700-1.1500 level
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.
en if going down resitance a round 1.13000
kind regards
i trade to make money not to be right
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
Mar 01 2019 at 13:34
I see the opportunity for sell on EUR/USD.
The 1.1372 suppot was broken and the next one is 1.1337
The 1.1372 suppot was broken and the next one is 1.1337
#AnthonyWins
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?
AkbarM posted:Brexit has little if any effect on Eur/USD ,been trading it a long time.
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?
"They mistook leverage with genius".
market makers accumulation time to misguide the retail trader
i trade to make money not to be right
Price back up to 1.14. There is so much interest at that level that I think it must end up breaking through at some point. Maybe not today but next week
that s the point of course it building up the market
off buyers en sellers .when there are less selers
the morket makers will thake the opposite move after
they made their analyse en will try to atract more buyers
in to the market by misguide them with peak move up the market
en then a sell off drop that is why the accumulation period .
off buyers en sellers .when there are less selers
the morket makers will thake the opposite move after
they made their analyse en will try to atract more buyers
in to the market by misguide them with peak move up the market
en then a sell off drop that is why the accumulation period .
i trade to make money not to be right
i wait till new trend is clear . up or down
i trade to make money not to be right
parish posted:
i wait till new trend is clear . up or down
You could be waiting a while. Price has been ranging for months and doesn't seem to break out any time soon. Could be better off trading the range
EURUSD is my favorite pair, every day good moves and you can earn a few pips without any problems.
feel free to do
i look at other pairs in mean time .
i look at other pairs in mean time .
i trade to make money not to be right
a few pips is good but nothing in compare the hunderds
of pips are to be made on other pairs in the mean time
last week with al the gbp pairs Thousand s of pips to earn .
i you know what your do off course .
of pips are to be made on other pairs in the mean time
last week with al the gbp pairs Thousand s of pips to earn .
i you know what your do off course .
i trade to make money not to be right
