Forex Zone - Forex Forum
  1. Forex Zone - Forex Forum
  2. General Category
  3. General Forex Discussion
  4. Avoid Trading at the Sideway Market

Avoid Trading at the Sideway Market in General Forex Discussion_67f83ac065b44

Avoid Trading at the Sideway Market

Discussion started on General Forex Discussion

Print
Pages: 1 ... 41 42 [43] 44 45 ... 72   Go Down

Ikhtiar

VIP
  • Hero Member
  • Posts: 21550
  • Points: 4928
  • Likes Received: 963
  • Reputation: +4/-0
In forming the discipline to carry out a forex trading strategy, you must avoid side way trading if in the trading system you are not allowed to trade in the side way market.
#631 - October 30, 2023, 01:40:46 AM

Dyandra

  • Hero Member
  • Posts: 66356
  • Points: 686
  • Likes Received: 58
  • Reputation: +53/-46
I do agree with this because sideways conditions are very difficult to analyze and conditions like this should not carry out any trading activities, even short term or long term.
#632 - October 31, 2023, 01:55:37 AM

Ikhtiar

VIP
  • Hero Member
  • Posts: 21550
  • Points: 4928
  • Likes Received: 963
  • Reputation: +4/-0
Trading on the side way market is also good and can sometimes be profitable, but what you need to do is make sure to always manage risk correctly by using stop losses and setting position sizes appropriately according to your risk tolerance, so that the side way market can also provide profits.
#633 - October 31, 2023, 01:59:31 AM

Vernalta

  • Hero Member
  • Posts: 68342
  • Points: 745
  • Likes Received: 104
  • Reputation: +18/-46
Sideways market conditions are the wrong conditions, however, when you trade, never open a position with a trend like that
#634 - November 01, 2023, 02:17:33 AM

Dyandra

  • Hero Member
  • Posts: 66356
  • Points: 686
  • Likes Received: 58
  • Reputation: +53/-46
Avoiding sideways market conditions is indeed one of the right steps that we must take when we encounter conditions like that because when you force yourself to open a position, I am sure the results will not be effective.
#635 - November 02, 2023, 01:11:58 AM

Sponsored

Avoid Trading at the Sideway Market in General Forex Discussion_6803a6c52eb12
#636 - Today at 03:32:48 PM

Ikhtiar

VIP
  • Hero Member
  • Posts: 21550
  • Points: 4928
  • Likes Received: 963
  • Reputation: +4/-0
In fact, when there is a sideways market, it allows you to practice trading using a technique called scalping and can make a profit.
#636 - November 02, 2023, 01:15:55 AM

Vernalta

  • Hero Member
  • Posts: 68342
  • Points: 745
  • Likes Received: 104
  • Reputation: +18/-46
indeed sideways market conditions are one of the most unpleasant things because we won't be able to find any momentum and we can only wait but we can choose another currency instead of wasting time
#637 - November 03, 2023, 01:07:04 AM

Ikhtiar

VIP
  • Hero Member
  • Posts: 21550
  • Points: 4928
  • Likes Received: 963
  • Reputation: +4/-0
Maybe you need to avoid side way markets because trading in side way markets is like daring to challenge the market, causing you to lose a lot of money.
#638 - November 03, 2023, 01:09:28 AM

Dyandra

  • Hero Member
  • Posts: 66356
  • Points: 686
  • Likes Received: 58
  • Reputation: +53/-46
Avoiding sideways markets is indeed the right thing. Don't open positions in any form and force your will to carry out analysis because it will be very dangerous.
#639 - November 04, 2023, 12:35:51 AM

Vernalta

  • Hero Member
  • Posts: 68342
  • Points: 745
  • Likes Received: 104
  • Reputation: +18/-46
A sideways market condition is indeed one of the currencies that we must avoid. We must be able to choose a currency that has a good trend and has stable price movements so that later we don't have to wait too long for the momentum to open a position.
#640 - November 05, 2023, 01:24:02 AM

Dyandra

  • Hero Member
  • Posts: 66356
  • Points: 686
  • Likes Received: 58
  • Reputation: +53/-46
I always choose currencies in good trending conditions. I really don't want to open positions or analysis when currency conditions are sideways because it's useless to do analysis in a position like that.
#641 - November 06, 2023, 02:16:11 AM

Vernalta

  • Hero Member
  • Posts: 68342
  • Points: 745
  • Likes Received: 104
  • Reputation: +18/-46
every time you find a trend that is not clear, it is better not to use Open positions later because when you Open positions in sideways conditions it is indeed wrong and will always make you lose later
#642 - November 07, 2023, 03:15:09 AM

Dyandra

  • Hero Member
  • Posts: 66356
  • Points: 686
  • Likes Received: 58
  • Reputation: +53/-46
We really have to be able to avoid positions like this because after all, when you do the analysis, choose conditions that have a high trend.
#643 - November 08, 2023, 04:12:25 AM

Vernalta

  • Hero Member
  • Posts: 68342
  • Points: 745
  • Likes Received: 104
  • Reputation: +18/-46
Don't ever trade when market conditions are like this. Whatever happens, don't open a position in a sideways condition. It's better if you use another currency or don't trade first.
#644 - November 09, 2023, 07:04:18 AM

Dyandra

  • Hero Member
  • Posts: 66356
  • Points: 686
  • Likes Received: 58
  • Reputation: +53/-46
Indeed, if possible, all of this must be avoided, however market conditions like this will make it impossible to share profits for ourselves. So we really have to be careful, we have to be able to use other methods.
#645 - November 10, 2023, 06:54:15 AM
Print
Pages: 1 ... 41 42 [43] 44 45 ... 72   Go Up
  1. Forex Zone - Forex Forum
  2. General Category
  3. General Forex Discussion
  4. Avoid Trading at the Sideway Market

Members:

0 Members and 1 Guest are viewing this topic.


Avoid Trading at the Sideway Market in General Forex Discussion_collapse Refresh Activity Stream (It's automatically updated) Open Activity Stream in Popup Activity:


Avoid Trading at the Sideway Market in General Forex Discussion_67f8365a73a8c