What is volatility trading?
Volatlity is trading the every day up and downs in the market.
So its range trading? No..
Usually you wait for price will break out of a range and to make its move..
You pick a level, above the break out, that you think price will reaction to.. (need experience watching charts to be good at this)
Maybe you think price can drop 15 pips from 1.2234 on your chart.
Maybe you take the signal blindly... Maybe you candle watch the level on smaller time frame. I can't tell you what entry signal will work best with your brain.
Once you get your favorite entry signal for your self designed system.. you enter.
Volatility trading is that simple.
You understand price moves both up and down on most days... and you profit from it.
Its more like trying to predict a future range, or area price will revisit... rather then trading an old stale range.
I never had luck trading old stale ranges..
Volatlity is trading the every day up and downs in the market.
So its range trading? No..
Usually you wait for price will break out of a range and to make its move..
You pick a level, above the break out, that you think price will reaction to.. (need experience watching charts to be good at this)
Maybe you think price can drop 15 pips from 1.2234 on your chart.
Maybe you take the signal blindly... Maybe you candle watch the level on smaller time frame. I can't tell you what entry signal will work best with your brain.
Once you get your favorite entry signal for your self designed system.. you enter.
Volatility trading is that simple.
You understand price moves both up and down on most days... and you profit from it.
Its more like trying to predict a future range, or area price will revisit... rather then trading an old stale range.
I never had luck trading old stale ranges..
The only system that will work is one designed by and for yourself.
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