this happen many times as I am experienced enough so I had many many these sort of situations when nothing was happening the market so just need to be patient and then and also time to take rest then and also to plan future tradings too so some how this is one way of rest and there can be tension free time.
if the market goes sideway trend and if there is average volatility then i do scalping with very simple strategy.. i use bollinger bands and long when price touch lower band and short when price touch upper band.. its simple, profitable and has less risk if there are no news upcoming for a several hours...
best of luck
i do not want to put the order at this condition and do not want to push hard for it, there are still many chances in front of me that i can take it, not for this condition, take the safest way is very necessary and if i still want to trade, i prefer to open demo account and get more learning and practicing in there
if there is no trend today, means the market is very quiet. thus, no volatile price movements. you better refrain from entering the market. because you can get stuck in a sideways that very boring. we wait for the next day if the market is back to normal.
forex trading main profit layian ka layia ap ko ka karan chayia take the safest way is the very very important main ap ko koi be kam nahhi ho sakta is lay fores trading ko shore do or is main aap both sara kam ksroQuote:
Originally Posted by xiaotanghao
there is no holy grail system exits to trade , hum seb jante hain k forex trading main risk ha , koi safe way nahi ha k jis profit kia ja sekete , lekan experience bohot aham cheeze ha , because when you are good trade and effective so apko fake signal per trade nahi ketre jis se apko bhot jiada faida ho jata or safe way se trade ho jati haQuote:
Originally Posted by Nabi Ahmed Gill
i think that it is wise that we should not trade too much, if market has no movements and trend is straight and has not significant signals....because sometimes when a market is quiet for a long time...then we can expect some movements which will be unusual...so we should wait and do not trade and then make a plan and strategy for the coming periods in forex trading...
I don't wait for c;ear trend but I trade for a short period of time with medium lots and take profit on few pips so I can trade in the situation where no clear trend is there. Clearn trend is the requirement for traders who trade for more than 20 pips.
i definately not trae kuki uss samay market me kuch bhi ho saktah ai to loss karne se kya fayeda..main to trade open hi ni karta,,,jab market clear ho jati hai tab karta hu
There is no logic to give a trade in forex market without any clear trend of the market. It is not necessary to trade everyday in forex market. So without clear indication of trend it is not safe to open a position at all.