Trading Range

Solidarity and discussion for the NaNoWriMo 2020 Write-Through
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doaausef3li
Posts: 39
Joined: Thu Apr 15, 2021 8:31 pm

Trading Range

Post by doaausef3li »

This one mainstay forex strategy focuses on the ease of trading on the sideways market, precisely when price movements tend to comply with support and resistance boundaries. If you have found the support resistance, planning entry and exit positions is not too difficult.
Trading range with support resistance
It's just that getting the ideal support and resistance limits can cause its own difficulties, considering that the determination is often subjective. You can observe high-low prices yourself, apply Fibonacci, or rely on pivot points.توصيات العملات
In the day trading session, the best time to run range trading is in the Asian session. At this time, market liquidity is relatively low and there is minimal price volatility. Even though there are economic data releases from Japan, Australia and New Zealand, the impact is usually less intense than the news in the European and American sessions.توصيات مجانية
There is one more alternative trading range that does not take advantage of certain support and resistance sessions. This idea again comes from Roman Sadowski who prefers to use candlestick patterns to set ranges.تحليل سوق العملات
According to him, the candle formation with a small axis can be used as a reference, because it indicates the density between the open-close and high-low price levels. In this case, the next break candle from the high or low level of the candle can trigger an entry signal.
warrosa
Posts: 10462
Joined: Sat May 01, 2021 5:57 am

Re: Trading Range

Post by warrosa »

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