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

Discussion started on General Forex Discussion

Print
Pages: 1 ... 43 44 [45] 46 47 ... 63   Go Down

Vernalta

  • Hero Member
  • Posts: 61658
  • Points: 52
  • Likes Received: 95
  • Reputation: +18/-46
Avoiding sideways conditions is indeed one of the basics so that you don't open too many positions in all conditions. You must be able to choose conditions that are really active, in other words, have an up or down trend so it's clear.
#661 - December 02, 2023, 06:32:26 AM

Dyandra

  • Hero Member
  • Posts: 59274
  • Points: 591
  • Likes Received: 57
  • Reputation: +53/-46
It is indeed mandatory to avoid it because if you don't avoid positions like that, it will be difficult for you to make trades, so it will be difficult for you to make a profit from sideways market conditions. It is mandatory not to carry out any analysis.
#662 - December 04, 2023, 02:52:26 AM

Vernalta

  • Hero Member
  • Posts: 61658
  • Points: 52
  • Likes Received: 95
  • Reputation: +18/-46
Indeed, we are always taught to avoid trend positions that are not clear. We know that the use of forex trading is only two positions up and down when the market is sideways. You should look for other currencies, don't do any analysis, let alone open positions.
#663 - December 05, 2023, 03:03:05 AM

Dyandra

  • Hero Member
  • Posts: 59274
  • Points: 591
  • Likes Received: 57
  • Reputation: +53/-46
Actually, you can use an oscillator to open a position when the trend is sideways, but in my opinion it's not necessary because there are still many currencies that have good trends that you can use to open positions, so it's true that we should be able to avoid conditions like that to make it safer.
#664 - December 06, 2023, 03:19:40 AM

Ikhtiar

  • Hero Member
  • Posts: 14714
  • Points: 890
  • Likes Received: 31
  • Reputation: +2/-0
When the market is sideways, in my opinion the most important thing is to focus on looking for the moment. If we can focus on looking for moments, then whatever we do in side way market trading can generate profits.
#665 - December 06, 2023, 03:21:33 AM

Dyandra

  • Hero Member
  • Posts: 59274
  • Points: 591
  • Likes Received: 57
  • Reputation: +53/-46
It's true that it should be avoided because a sideways condition is a condition that doesn't allow us to make a profit even though we can use indicators to analyze it, but I'm not sure and I don't dare to dare to open a position in an area like that.
#666 - December 08, 2023, 12:18:00 AM

Vernalta

  • Hero Member
  • Posts: 61658
  • Points: 52
  • Likes Received: 95
  • Reputation: +18/-46
Using sideways market conditions is a wrong condition that you should not do as a trader, so you must be able to be optimistic about using the right conditions so that you can be successful.
#667 - December 09, 2023, 04:52:33 AM

Dyandra

  • Hero Member
  • Posts: 59274
  • Points: 591
  • Likes Received: 57
  • Reputation: +53/-46
Avoiding sideways conditions is indeed something that is natural because after all, when you avoid sideways conditions it will have a good impact on you not to open positions carelessly.
#668 - December 12, 2023, 01:12:28 AM

Vernalta

  • Hero Member
  • Posts: 61658
  • Points: 52
  • Likes Received: 95
  • Reputation: +18/-46
The sideways market situation really makes it difficult for you to trade and open positions. I also experienced this, so I assure you that when you use forex trading, you should choose a market or currency that has a clear, strong trend and has momentum.  .
#669 - December 13, 2023, 03:06:32 AM

Dyandra

  • Hero Member
  • Posts: 59274
  • Points: 591
  • Likes Received: 57
  • Reputation: +53/-46
There is no need to analyze sideways market conditions because it is clear that when you see from the start the movement is not good. So you must be able to choose a currency that is in good condition, that is your main task.
#670 - December 14, 2023, 02:18:39 AM

Ikhtiar

  • Hero Member
  • Posts: 14714
  • Points: 890
  • Likes Received: 31
  • Reputation: +2/-0
When the market is side way we should use it to look for momentum and I am sure that when we have a market that is side way then there we will get the momentum we want because this is what market players are waiting for.
#671 - December 14, 2023, 02:20:54 AM

Vernalta

  • Hero Member
  • Posts: 61658
  • Points: 52
  • Likes Received: 95
  • Reputation: +18/-46
Avoiding every currency that doesn't have a good trend is indeed recommended and is mandatory. Every currency that doesn't have a good trend doesn't have a clear trend. You should not analyze it or do it. Open a position. You are looking for that currency. Many of you are looking for those that have  good trend.
#672 - December 15, 2023, 05:58:44 AM

Dyandra

  • Hero Member
  • Posts: 59274
  • Points: 591
  • Likes Received: 57
  • Reputation: +53/-46
In market conditions like this, if you can, you don't need to do it. You can choose another currency pair because many currencies in my opinion are still good in trend conditions or in pattern conditions. In sideways conditions, don't ever do anything.
#673 - December 18, 2023, 01:51:12 AM

Ikhtiar

  • Hero Member
  • Posts: 14714
  • Points: 890
  • Likes Received: 31
  • Reputation: +2/-0
Our goal is not to trade when the market is sideways, of course, so that we don't lose too much, so that later we can recover the losses we previously experienced slowly and gradually.
#674 - December 18, 2023, 02:17:31 AM

Vernalta

  • Hero Member
  • Posts: 61658
  • Points: 52
  • Likes Received: 95
  • Reputation: +18/-46
Avoiding unclear market conditions or sideways conditions will benefit you as a trader because we should not use trend conditions like this for analysis or opening difficult positions.
#675 - December 21, 2023, 02:04:08 AM
Print
Pages: 1 ... 43 44 [45] 46 47 ... 63   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 4 Guests are viewing this topic.