How to trade range bound markets

The forex and stock market can be tough to trade but when they are range bound you need to be careful or you can lose all your money. Range bound markets trade within a certain price and chop between those prices.They need to know the there is a differece between trading markets and trending markets to make less risky trades. Trading markets are range bound, with allot of chop on the candle stick charts, with low volume. Trending stock or forex markets are not chopping, when they stay with the trend,and will have good volume.

Trade range bound markets

Forex EUR/USD

Summary : Target Level : 1.1208Target Period : 3 days
Analysis :
Channel Down identified at 27-May-20:00 2015 GMT. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 1.121 within the next 3 days.
Resistance Levels :
( B ) 1.1208Last resistance turning point of Channel Down.
Support Levels
( A ) 1.0819Last support turning point of Channel Down.

 

Forex USD/CHF

Summary : Target Level : 0.9287Target Period : 3 days
Analysis :
Channel Up identified at 27-May-05:00 2015 GMT. This pattern is still in the process of forming. Possible bearish price movement towards the support 0.929 within the next 3 days.
Supporting Indicators :
Downward sloping Moving Average
Resistance Levels :
( B ) 0.954Last resistance turning point of Channel Up.
Support Levels
( A ) 0.9287Last support turning point of Channel Up.

 

EUR/CHF

Summary : Target Level : 1.0356Target Period : 3 days
Analysis :
Channel Up has broken through the support line at 19-May-08:00 2015 GMT. Possible bearish price movement forecast for the next 3 days towards 1.036.
Supporting Indicators :
Downward sloping Moving Average
Resistance Levels :
( B ) 1.0506Last resistance turning point of Channel Up.
Support Levels
( A ) 1.0384Last support turning point of Channel Up.

 

Forex USD/CHF

Summary : Target Level : 0.9079Target Period : 3 days
Analysis :
Descending Triangle identified at 15-May-20:00 2015 GMT. This pattern is still in the process of forming. Possible bearish price movement towards the support 0.908 within the next 3 days.
Supporting Indicators :
Downward sloping Moving Average
Resistance Levels :
( B ) 0.9256Last resistance turning point of Descending Triangle.
Support Levels
( A ) 0.9079Last support turning point of Descending Triangle.

 

USD/JPY Chart

Summary : Target Level : 120.2795Target Period : 3 days
Analysis :
Channel Down identified at 14-May-16:00 2015 GMT. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 120.28 within the next 3 days.
Resistance Levels :
( B ) 120.2795Last resistance turning point of Channel Down.
Support Levels
( A ) 118.89Last support turning point of Channel Down.

 

FX Chart USD/JPY

Summary : Target Level : 119.057Target Period : 3 days
Analysis :
Triangle identified at 12-May-12:00 2015 GMT. This pattern is still in the process of forming. Possible bearish price movement towards the support 119.057 within the next 3 days.
Supporting Indicators :
Downward sloping Moving Average
Resistance Levels :
( B ) 120.2795Last resistance turning point of Triangle.

Support Levels ( A ) 119.057Last support turning point of Triangle.

 

 

AUD /USD FX chart

Summary : Target Level : 0.8031Target Period : 3 days
Analysis :
Triangle identified at 11-May-00:00 2015 GMT. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 0.803 within the next 3 days.
Resistance Levels :
( B ) 0.8031Last resistance turning point of Triangle.
Support Levels ( A ) 0.7876Last support turning point of Triangle.

 

 

 

support and resistance levels

Most times when the trend will reverse is at support and resistance levels.
These two trends alone shape the charts and if supply is greater than demand, then trends will fall, down trending if demand is greater, then trends will start moving up and forming an uptrend. The fewer transactions, the lower the volume. This will create a consolidation pattern and small candles the larger the supply and demand or more buyers and sellers at a certain price level, the larger the candles on the charts. learning to recognize how the trend is moving will make you more money in stock and forex trading.

Forex GBP/USD

Summary : Target Level : 1.509Target Period : 3 days
Analysis :
Descending Triangle identified at 07-May-00:00 2015 GMT. This pattern is still in the process of forming. Possible bearish price movement towards the support 1.509 within the next 3 days.
Resistance Levels :
( B ) 1.5291Last resistance turning point of Descending Triangle.
Support Levels
( A ) 1.509Last support turning point of Descending Triangle.

 

Use neural nets, price forecasting, and an amazing array of proprietary indicators

Use neural nets, price forecasting, and an amazing array of proprietary indicators in your own trading. Once accessible only to select CTAs and floor traders, these tools are now available to private traders for their own use. Try it for a day, and we guarantee you'll never want to go back to your old charting software! Use neural nets, price forecasting, and an amazing array of proprietary indicators in your own trading. Once accessible only to select CTAs and floor traders, these tools are now available to private traders for their own use. Try it fora day, and we guarantee you'll never want to go back to your old charting software!

Chart EUR/CHF

Summary : Target Level : 1.048Target Period : 2 days
Analysis :
Channel Down identified at 06-May-00:00 2015 GMT. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 1.048 within the next 2 days.
Resistance Levels :
( B ) 1.048Last resistance turning point of Channel Down.
Support Levels
( A ) 1.0347Last support turning point of Channel Down.

 

Penny Stocks for Beginners

 Penny stocks can be risky. If anyone tells you otherwise they’re lying to you. The key
 to successful investing is to manage your risk. Don’t take your friend’s hot tips or
 anyone’s claims of “100% winners”. Always do your research, and ask lots of
 questions. And please, ignore the idiots who post messages on internet chat rooms and message boards. They can say anything they want. They can make up information and sound very convincing. You never know who they are. You have no way of knowing what their true motives are. We’ve found that most of what you find on these boards is garbage, but if you look hard enough, you can useful bits of information here and there.

Mastering Penny Stocks