With the Forex market showing low levels of volatility, there is a greater likelihood that prior support and resistance levels will hold when price tests those levels again. Because of this, trading a range bound strategy might yield better results, as breakouts are less likely to occur. One way to trade ranges, is to look for the Double Bottom chart pattern. It occurs when price tests a previous low and fails, followed by price bouncing higher. This trade setup allows traders to place relatively tight stops and generous profit targets. So we are able to risk a little in an attempt to make a lot with a positive ... (full story)