Lyiness RANGE-Breakout-System
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A course is tied to a range if it has neither an up nor a down trend. We can connect swing highs and lows together to create support and resistance levels. Trade Entries with a positive risk-return ratio that pull the odds on our side.
Identification of a sideways market
The first step in range trading is, whenever possible, to identify the sidewalks. We want the currency pairs to avoid going up or down the higher levels. We can use any timeframe and currency pair as long as the recent price movement was more or less sideways. I make that visible here.
Identification of a sideways market
The first step in range trading is, whenever possible, to identify the sidewalks. We want the currency pairs to avoid going up or down the higher levels. We can use any timeframe and currency pair as long as the recent price movement was more or less sideways. I make that visible here.