What is the sideway trend?

[Upoctin]

What I mean by sideway trend is that the market does not go up or down. The market revolves around a certain circle. Then trading is not very profitable. So at this time we have to refrain from trading.

[e_abrams]

When the instrument is moving sideways it's forming a range, not a trend.

[Viran]

Many Forex traders refer to a sideways trend as a flat. There is no trade at such moments. That is why many market participants prefer to wait for a specific market movement.

[Vudorg]

During a sideways trend, you can trade successfully. The price at such moments is quite predictable and moves from the support level to the resistance level and vice versa.

[gds221]

I hope a newbie asked this question? Otherwise, it is very bad that the trader is not guided in this matter.

[Gidencenti]

all these concepts can be understood in the course of the work itself, so it will be more profitable in terms of the outcomes of transactions

[Viran]

When we already start practical trading, it really becomes much clearer and faster to be perceived.

[Vaabum]

I advise traders to pay attention to training first, and then work on a real account. In this case, such issues can be resolved.

[Dora Wi]

You can still make profits from a sideways trend if you trade on support and resistance. If you are an investor, though, a sideways trend will not benefit you.

[Upoctin]

Depending on their characteristics, there are many different ways to profit from lateral trends. A merchant will usually seek confirmation of a break or breakdown in the form of technical indicators or graphics patterns, or use various strategies to capitalize on the side movement of one side. Many traders look for horizontal price channels that contain lateral trends. Traders can try to buy security when the price approaches support levels and sell a security when the price approaches resistance levels if the price has regularly recovered from them. Loss stop levels can be set just above or below these levels in case a break occurs.

[Vaabum]

In order not to ask such questions during work, I advise you to start working with a demo account.

[FXOpen Trader]

On 12/6/2021 at 11:37 PM, Vaabum said:

In order not to ask such questions during work, I advise you to start working with a demo account.

We can start learning about the Forex market trends and how it will work using the Demo Trading accounts of the FXOpen

[Vaabum]

I strongly advise you to work out all the concepts before starting work on a real account. This can help the trader avoid losses.

[FXOpen Trader]

On 1/17/2022 at 7:26 PM, Vaabum said:

I strongly advise you to work out all the concepts before starting work on a real account. This can help the trader avoid losses.

We must try to understand and know about the Market trends before doing our trades in the markets.

[Vaabum]

I think that it is better to solve such issues and teach them "on the shore", during training.

[FXOpen Trader]

On 3/9/2022 at 6:04 PM, Vaabum said:

I think that it is better to solve such issues and teach them "on the shore", during training.

It is more important for the traders to understand and use foreign exchange market knowledge effectively.

[Vaabum]

I advise you to be careful and most importantly - learn to work with it. Without experience, getting the result is quite difficult.