Tag: ranges

Like to trade ranges? See the NZDUSD

Traders say the market ranges from 70 to 80% of the time. You think that’s right?

Well I don’t know… what I do know is that we need to adapt to the market condition:

  • If the market is range, trade both extremes of the range
  • If it’s trending up, look for long opportunities
  • Trending down, look for short opportunities

That’s it! How difficult could it be?

Here is the NZDUSD, it is clearly trading in a short term range:

Are you trading this one? Let me know.

Raul Lopez
Forex Training

forex, NZDUSD Analysis, ranges