Forex Zone - Forex Forum

Avoid Trading at the Sideway Market in General Forex Discussion_697bdb568da29

Avoid Trading at the Sideway Market

Discussion started on General Forex Discussion

  • Hero Member
  • Posts: 7558
  • Points: 138
  • Likes Received: 25
  • Reputation: +0/-0
You should not use market conditions like this because after all, market conditions like this will actually make it difficult for you, making you confused about where to start
#721 - March 30, 2024, 07:56:12 AM

VIP
  • Hero Member
  • Posts: 21550
  • Points: 4928
  • Likes Received: 974
  • Reputation: +4/-0
If the market is sideway then you can analyze the average pairing volatility in 1 period, and maybe this will enable you to profit when trading in a sideway market.
#722 - March 30, 2024, 08:25:30 AM

  • Sr. Member
  • Posts: 490
  • Points: 6
  • Likes Received: 3
  • Reputation: +1/-0
Sideway market conditions are one of the things you shouldn't do, so in my opinion here you have to be able to focus on making profits well, focus on getting what you have earned.
#723 - April 01, 2024, 06:57:44 AM

  • Hero Member
  • Posts: 66356
  • Points: 686
  • Likes Received: 58
  • Reputation: +53/-46
If you are forced, actually there is a way to carry out analysis in conditions like this, but if you are afraid, I suggest you wait until there is a trending position
#724 - April 02, 2024, 06:50:22 AM

VIP
  • Hero Member
  • Posts: 21550
  • Points: 4928
  • Likes Received: 974
  • Reputation: +4/-0
The way I trade in the side way market is I can break my trading into several parts, and if the market goes up I sell, in my opinion there are times when we can also take advantage of trading in the side way market.
#725 - April 02, 2024, 08:54:21 PM

Sponsored

Avoid Trading at the Sideway Market in General Forex Discussion_6803a6c52eb12
#726 - Today at 10:00:36 PM

  • Sr. Member
  • Posts: 490
  • Points: 6
  • Likes Received: 3
  • Reputation: +1/-0
When you avoid sideways positions, it will make you comfortable to open positions because you should choose conditions that have a high trend
#726 - April 04, 2024, 02:26:21 AM

  • Hero Member
  • Posts: 525
  • Points: 27
  • Likes Received: 3
  • Reputation: +1/-0
This should be avoided because when you force yourself to open a position during something like this, it is very detrimental to you
#727 - April 05, 2024, 03:15:36 AM

  • Sr. Member
  • Posts: 490
  • Points: 3
  • Likes Received: 5
  • Reputation: +1/-0
The sideways condition of a currency pair is one of the things that must be avoided so that you do not open positions and so on
#728 - April 07, 2024, 03:13:08 AM

VIP
  • Hero Member
  • Posts: 21550
  • Points: 4928
  • Likes Received: 974
  • Reputation: +4/-0
Indeed, if we trade on the side way market, we often get emotional if we lose, so according to me, traders who have profits in the side way market are great traders.
#729 - April 07, 2024, 01:15:29 PM

  • Hero Member
  • Posts: 66356
  • Points: 686
  • Likes Received: 58
  • Reputation: +53/-46
Indeed, this is important to avoid. So that later when you open a position, you already know that for things like this, don't use something else to open a position.
#730 - April 10, 2024, 10:55:01 PM

  • Sr. Member
  • Posts: 490
  • Points: 6
  • Likes Received: 3
  • Reputation: +1/-0
Indeed, this condition must be avoided because if you don't avoid conditions like this, it will be a wrong opportunity for your position later
#731 - April 12, 2024, 06:45:01 AM

VIP
  • Hero Member
  • Posts: 21550
  • Points: 4928
  • Likes Received: 974
  • Reputation: +4/-0
side way market and trending market These two approaches have different basic principles and each has advantages and disadvantages, but I really prefer a market that is not side way.
#732 - April 12, 2024, 06:48:42 AM

  • Hero Member
  • Posts: 525
  • Points: 27
  • Likes Received: 3
  • Reputation: +1/-0
to carry out analysis Yes of course you have to choose a currency that is not sideways because in my opinion I have to fill it in like that it will make it difficult for you as a trader
#733 - April 14, 2024, 07:15:53 AM

  • Sr. Member
  • Posts: 488
  • Points: 5
  • Likes Received: 5
  • Reputation: +1/-0
Market conditions like this really should be replaced. You can choose another currency.  If you want to open a position, don't worry.
#734 - April 15, 2024, 06:07:34 AM

  • Sr. Member
  • Posts: 490
  • Points: 3
  • Likes Received: 5
  • Reputation: +1/-0
This condition is important to avoid. Never do something difficult and never make a mistake in opening a position
#735 - April 16, 2024, 04:33:10 AM

Members:

0 Members and 1 Guest are viewing this topic.



Trade as a VIP with PrimeXBT