Use this for Strategy for Sideways Markets & Trading Ranges

Day Trading Ranges and Sideways Markets

Trading Range = resistance overhead and support below. No defined width of the range, just that we have a level above and a level below.

Sideways Market = a lot of different characteristics

· Double-tops and bottoms

· Flat Trigger Line

· Inconsistent speed at the highs or lows of the range

· Sell the Highs / Sell Resistance

· Avoid the Middle

· Buy the Lows / Buy Support

· Competing against the smartest minds in the world

· Too much liquidity which makes the market very slow and sloppy, and we simply have better options in other markets.

· Trades at $5/tick, which is a less efficient way of earning income.

· Why work for $5/tick when it costs me $5 to enter/exit the market?

· Not when i have Gold, Russell, Crude Oil, Euro all at $10 or more!