This class will teach you what range trading is and how to use simple strategies to make highly profitable range trades.
Market prices often move sideways, so entry opportunities into a market are usually limited. Range trading takes advantage of the fact that markets fluctuate within a range during these sideways trends, defined by resistance bands and support bands. Traders can profit from the range by buying at the support price and selling at the resistance price until a breakout occurs.
Range trading can be used on any timeframe, from minute to monthly, making it a popular technique for forex day traders. By the end of this class, you will have a clear-cut understanding of how to utilize this simplest and easiest trading opportunity to find out how and when to take advantage of the market.