Sideways Strategy This guide will introduce you to the basics in Forex
trading sideways trends, and teach you how to use sideway trading strategy to control the market.
Another thing you should know is that the direction that a currency price continues after a Forex
trading sideway trend is usually the original direction that presided before the sideways trend took place.
Not exact matches
When an ETF has so much relative strength that it simply
trades in a tight,
sideways range while the rest of the broad market is
trending lower, it clearly indicates a lack of selling interest.
If the
trend seems to be
sideways, range - bound or is neutral you can
trade both or either «call» and «put», but be careful of breakouts and false alerts.
USD / CHF: The USD / CHF pair moved
sideways yesterday
trading in a weakening bullish
trend.
Hopefully, this will provide you with the knowledge you need to make the best decisions for your
trading account when the market inevitably changes from a
trending / easily - tradeable condition to less favourable
sideways conditions...
A simple truth of
trading is that markets are often moving
sideways, neither
trending up or down.
The channel goes up in a bull
trend, down in a bear
trend and
sideways in a
trading range.
As mentioned in our Forex
trading trend guide,
sideways trend lines are seen as horizontal lines, that occur in between drops and rises in currency price.
Anyhow, the pound continued to
trend higher before
trading roughly
sideways while tilting a bit to the downside on Wednesday, likely because of Finance Minister Hammond's warning about the Brexit «cloud of uncertainty» that looms over the U.K. economy.
As a reminder, the market was in consolidation for quite some time,
trading sideways, without any commitment of a
trend, but it seems this isn't the case anymore.
Bitcoin will likely continue to
trade sideways with more weight towards downward
trend while it waits for official news from China.