DislikedMissed opportunity as red line!
I was waiting for this point but my boss called me for a meeting
I hope you all catched this fish!Ignored
Made in Ukraine
DislikedWhat was your criteria there? I fail to find a pattern.Ignored
Disliked....So, MissPips do you have any other alternative you personally use when markets are ranging?
or just not trade at all.?Ignored
DislikedNope. Wish I did, but I've not yet been able to understand how people trade ranges. My problem is that I can see the S/R clearly and I can usually see when the market is about to go into ranging mode or is in ranging mode, but I can't figure out how a trader sees (for example) that it's safe to buy the S or sell the R 'this time' as opposed to the time it breaks out. Whereas, when it breaks out it's clear because you can see the pattern and the momentum.Ignored
DislikedI completely agree, I find that a very different way of trading.
and for some reason my senses just dont allow me to do it either. Even tho many traders do it, i dont understand how.
buying on support or selling on R, I cant do it. I feel like the levels might just break, or have a possible breakout.
I have a question;
Lets say; If im sticking to trending markets ONLY on thv M1, would it be safe to say I could put up an ADX indicator on a Regular M5 chart, and watch if the level is below or above the 40 level to confirm trend ?
DislikedMe either. I suppose that the ones that buy/sell exactly on S/R instead of waiting for confirmation just do it based on money management and risk/reward. I really dont use the ADX - I just look for PA and the trixes to confirm.Ignored