How to trade when graph is going sideways

Hi Guys (Experts)

I would like to ask for the adv how to trade when the Graph is sideway. What is the tool for this.

Thank you for your help and support in advance.

Cheers,

Sit on your hands

You mean when there's a range?
If you're a newbie, do as Aich says and sit on your hands. Or trade it on a demo account and learn to recognize the signals of the reversals within the range.

1. Move to a higher time frame for your next signal.
2. If your time frame is small enough, try to concentrate on trading when one or both banks of your pair are open.
3. Also move to a higher frame if your time frame is trending in order to limit head fakes.

My ideas are based on the fact that I use multiple time frame analysis to trade. You could also draw channel lines around the consolidation and wait for price to break them if you prefer to trade support/resistance. The problem with that though, lol, is when will you know to draw a channel? Probably late into it. There might be other s/r techniques too, like Fibo or whatever, but I don't trade like that so cannot suggest any. Looking at the higher time frame and trading during volatile hours are good suggestions regardless of what you do. Fundamentals move the market, so if there is no news, you can expect sideways movement. Also, if the banks are closed, so probably is the government, so that is why you want to avoid dead hours. No news. I attached some EURUSD graphs to show what I said. Good Luck.

when you know how to identify on your chart that the market is sideways, then the next step is to determine what type of sideways market.
there are wide range sideways market and narrow range sideways market.
not so easy with the forex market, where else in the stock markets, it is different with many more different classifications.

winning forex trading systems design must be able to trade in different market types.

google search keyword "Market Type Classification" or "Market Type Structure"...etc.

If there is a clear range like structure; then I go for the simple strategy (but at the low & sell at the higher level of that particular range! Besides, I always set my SL outside of the range.

Wait for the breakout
https://www.forexfactory.com/showthread.php?t=302007

Just like that. Breakout of range around 1.22, still going 200p later

Wait for the breakout

https://www.forexfactory.com/showthr...7#post11017637

learn about volatility.

Build the support and resistance level (low and top of the horizontal trend) and trade between this levels. But dont forget about your stop loss to avoid a huge loss during the breakout. Good luck!