SL @ 1.42119
TP @ 1.40645
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Disliked{quote} Hi friend Difference is I love range.I make good money trading range.Its weird that range scares the crap out of people but its the best time scalping and fast account building I look for it often Best way to trade range is direction of probable breakout not both ways.Should it break out you would be in best position.If not then you get out with $$ I most likey will get in on GU longs should it test low mini swings 4130-40Ignored
Disliked{quote} trading with 20 SMA is the simplest, yet easiest technique with almost 85% win rate every kiss of 20 ma is a new trade {image}Ignored
Disliked{quote} Very true but lot of traders like making $$ daily and sometimes market just ranges.One should develop 2 strategies one for trending another for ranging I go in and out of both styles depending market conditions. In fact made over 2k pips on AC on range alone in March.Can back this up with stats if neededIgnored
Disliked{quote} Hi PatienceFX, May I know how you decide the direction once the price reaches 20 SMA ? If possible please explain this technique from basics to enlighten newbies like me....Any article/link/study material can learn these techniques ? Thanks.Ignored
Disliked{quote} Hi Davit, Could you give some tips on how to learn trading in range markets ? Most of the time, I failed in trading range markets which I need to learn where I am going wrong.Ignored
Disliked{quote} Hi R 1st some pairs like AC range lot more then others.If you pull a chart on h4 h1 you'll see the swings going up and down. Example today AU just closed 3 trades PA is indecisive.When price is indecisive its starts ranging or accumulating.In short 70% of forex is in some form of range. {image}Ignored