2 Things You Can Do In A Ranging Market

[moonchild]

When It comes to a ranging market, there are a lot of options on how to go about it, you can decide to a lot of things which we will discuss below but all depends on your level of mastery and also most importantly your risk appetite.

1) Sit On Your Hands: This is the mainstream advise by contemporary forex traders, they advise you to sit on your hands and do nothing, when the market is ranging you can go take your family out or do something that you've been wanting to do, bottom line is stay away from the market.

2) Dial Down: When the market is ranging another option is to dial down to lower timeframes and look for opportunities, if the daily timeframe is ranging, you can go to the 4h timeframe and take a trade, if the 4h is ranging, dial down to the 1h and take a trade, with this you'll be able to get scrap some dollars off the market.

Either of the option is fine when you're trading a ranging market, it largely depends on your risk appetite, personally I switch to a small account and take risks, what will you do if you're in this position.

 

[Ivo Zetticci]

There are two types of trading analyses, including technical and fundamental analysis. A trader should acquire efficiency in both technical and fundamental analysis. Deficiency of analytical knowledge works as a bar in the way of gaining profit from the market. Eurotrader provides traders with more than 200 technical tools for market analysis.

 

[Asahi]

You should testify your trading approaches again and again to elicit a better strategy from there.Right attempt can be taken when a trader passes enough time with the market and become able to discover a good trading strategy. Eurotrader allows you to apply all types of strategies on their trading platform.

 

[Jack Reacher]

Select low trading spread pairs to keep yourself out of risk. Besides so, a trader should use low leverage to avoid risks. It is the core policy of risk management approach. Low spread should be accompanied by low leverage to stay risk free in Forex. Eurotrader offers low trading spread in majority of their trading pairs.