Upoctin Posted March 30, 2021 Share Posted March 30, 2021 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. Quote Link to comment Share on other sites More sharing options...
e_abrams Posted March 30, 2021 Share Posted March 30, 2021 When the instrument is moving sideways it's forming a range, not a trend. Quote Link to comment Share on other sites More sharing options...
Viran Posted April 3, 2021 Share Posted April 3, 2021 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. Quote Link to comment Share on other sites More sharing options...
Vudorg Posted April 7, 2021 Share Posted April 7, 2021 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. Quote Link to comment Share on other sites More sharing options...
gds221 Posted April 7, 2021 Share Posted April 7, 2021 I hope a newbie asked this question? Otherwise, it is very bad that the trader is not guided in this matter. Quote Link to comment Share on other sites More sharing options...
Gidencenti Posted May 6, 2021 Share Posted May 6, 2021 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 Quote Link to comment Share on other sites More sharing options...
Viran Posted May 6, 2021 Share Posted May 6, 2021 When we already start practical trading, it really becomes much clearer and faster to be perceived. Quote Link to comment Share on other sites More sharing options...
Vaabum Posted December 5, 2021 Share Posted December 5, 2021 I advise traders to pay attention to training first, and then work on a real account. In this case, such issues can be resolved. Quote Link to comment Share on other sites More sharing options...
Dora Wi Posted December 6, 2021 Share Posted December 6, 2021 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. Quote Link to comment Share on other sites More sharing options...
Upoctin Posted December 6, 2021 Author Share Posted December 6, 2021 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. Quote Link to comment Share on other sites More sharing options...
Vaabum Posted December 6, 2021 Share Posted December 6, 2021 In order not to ask such questions during work, I advise you to start working with a demo account. Quote Link to comment Share on other sites More sharing options...
FXOpen Trader Posted December 13, 2021 Share Posted December 13, 2021 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 Quote Link to comment Share on other sites More sharing options...
Vaabum Posted January 17, 2022 Share Posted January 17, 2022 I strongly advise you to work out all the concepts before starting work on a real account. This can help the trader avoid losses. Quote Link to comment Share on other sites More sharing options...
FXOpen Trader Posted February 13, 2022 Share Posted February 13, 2022 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. Quote Link to comment Share on other sites More sharing options...
Vaabum Posted March 9, 2022 Share Posted March 9, 2022 I think that it is better to solve such issues and teach them "on the shore", during training. Quote Link to comment Share on other sites More sharing options...
FXOpen Trader Posted March 13, 2022 Share Posted March 13, 2022 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. Quote Link to comment Share on other sites More sharing options...
Vaabum Posted April 13, 2022 Share Posted April 13, 2022 I advise you to be careful and most importantly - learn to work with it. Without experience, getting the result is quite difficult. Quote Link to comment Share on other sites More sharing options...
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