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Range Market for the EURUSD Pair

Profile photo of Nuno Lampreia – Forex.Today by Nuno Lampreia – Forex.Today
2015-10-26_19-45-18eurusd

2015-10-26_19-45-18eurusd

Today would have been a taugh day to trade. The market moved the whole day pretty sideways.

We already know that the easy pips are made when trends occur so when spotting that the trading session takes its course without providing any trend try to avoid big losses.

It is always better to admid that thre are no strong moves so that the expectation should be less on the amount of pips to be made.

I am of the opinion that if you manage to more or less break even on non trending days that it will be easier for a trader to make all the profits and more  back when the markets start to trend.

Some people might say that their biggest concern is always risk and that the profits occur if you manage your risk properly.

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