Range trading includes trading a market that is combining between evident support and resistance levels. By looking for trading sign close to the support and resistance limits of the trading range, traders have a high-likelihood section situation with clear risk and reward arrangement.
Adribaasmet
Uczestnik z Aug 27, 2017
994 postów
Aug 25 2019 at 16:18
I am only interested on horizontal rage based trading; because others ranges are too complicated to play! On the other hand, trendy market is my 1st choice!
There are a lot of ranges on many fx pairs now. Good time to be a range trader
Adribaasmet
Uczestnik z Aug 27, 2017
994 postów
Aug 27 2019 at 14:48
PitCarry posted:
There are a lot of ranges on many fx pairs now. Good time to be a range trader
Yes, but all rangers are not playable! I guess trend-based and horizontal ranges are providing best entry points; without any hesitating.
I can even tell you that is probably the first time in my life I am really hearing about something like that for example. Like you listed I mean, no matter how you put it, it should be really really good. Are you with me here ? It's probably cause I am newbie still.
AmDiab
Uczestnik z Apr 18, 2017
718 postów
Aug 30 2019 at 16:45
LiveForexPro posted:
this looks like a horizontal range and trend trading
Horizontal ranges are really awesome since; the SL & TP levels are very clear! I always take the opportunities of this kind of range!
AniLorak
Uczestnik z Apr 18, 2017
920 postów
Oct 30 2019 at 06:28
Yes; this type of range is very much attractive; but this type of trading setups are very rare I means; clear SL & TP level!
niceGLer
Uczestnik z Dec 28, 2013
170 postów
Oct 30 2019 at 10:54
AmDiab posted:LiveForexPro posted:
this looks like a horizontal range and trend trading
Horizontal ranges are really awesome since; the SL & TP levels are very clear! I always take the opportunities of this kind of range!
Rhetorically, where to look the range at?
Do you regard USDCHF being currently in a horizontal range? Basically, for me it seems that it is in a range in weekly time frame. Same question to @AniLorak.
cravenprofession
Uczestnik z Sep 04, 2019
10 postów
Oct 30 2019 at 12:42
Range traders are cleaning up at the moment. Price on almost all pairs is just bouncing around with no direction. Easy pickings
niceGLer
Uczestnik z Dec 28, 2013
170 postów
Oct 30 2019 at 12:48
cravenprofession posted:
Range traders are cleaning up at the moment. Price on almost all pairs is just bouncing around with no direction. Easy pickings
It might be the FED interest rate decision tonight, and Non-Farm payrolls day coming friday.. All JPY pairs are more or less ranging all the time, and BANG! - a sudden movement.
SofieAndreasen
Uczestnik z Jul 23, 2020
759 postów
Aug 31 2020 at 16:14
Asset or currency price sometimes fluctuate within specific limits, which are created by support and resistance level. It is called range market. Range traders use this opportunity to make profit.
Andromardred
Uczestnik z Dec 28, 2019
19 postów
Sep 02 2020 at 17:04
This is a traditional system of working in trading and it really remains relevant today. But in order to understand or even better say to feel it well, you need a certain amount of time to practice so that you can identify all the regularities...
Saithirana
Uczestnik z Dec 25, 2019
20 postów
Sep 02 2020 at 17:14
Yes, this can definitely be recommended.
Even if you haven't figured out the market well yet, because it will allow you to focus on certain points and not be distracted by any extraneous factors.
Even if you haven't figured out the market well yet, because it will allow you to focus on certain points and not be distracted by any extraneous factors.
Michihito
Uczestnik z Jul 19, 2020
298 postów
Sep 03 2020 at 11:15
A trader should have skills to trade in both range market and trend market. We never know how long a market will be in range. We nned to be skilled so that we can trade all types of market. But in both types of market support and resistance is important.
UweMoench
Uczestnik z Jul 19, 2020
751 postów
Sep 03 2020 at 11:59
Michihito posted:
A trader should have skills to trade in both range market and trend market. We never know how long a market will be in range. We need to be skilled so that we can trade all types of market. But in both types of market support and resistance is important.
Yes you are right. We need skills to trade in both types of market. Being good in certain types of market will not give us constant profit. Support and resistance is very important for any type of market. We just need to know how to use them effectively.
Pointingmark
Uczestnik z Sep 30, 2020
28 postów
Oct 09 2020 at 11:12
Trader’s skills have an important role to play when trading in both the trend market and range market.
AliaDare
Uczestnik z Jul 19, 2020
788 postów
Oct 15 2020 at 00:59
The Forex market depends on supply and demand. The range is created when a trend tries to change. The support and resistance of Range Trading are very important. It is possible to trade with confidence in the range. Since the market is volatile, the stop loss has to be a little higher. However, many precautions have to be taken when the market is in range.
shaunmarsh
Uczestnik z Oct 05, 2020
65 postów
Nov 09 2020 at 10:51
No matter what, a trader must be able to trade in both the trend market and range market.
Mitchelmarss
Uczestnik z Oct 12, 2020
29 postów
Nov 11 2020 at 08:09
Range market traders have a lot of opportunities and they use them well for making profits. Even though this is a traditional way to go about it, you can still trade with it.