Trading without a trend.

According to most professional traders and analysts, the Forex trend is flat 70% of the time . This means the price moves almost horizontally without any noticeable changes.

Trading in such conditions seems almost impossible, but some traders are just waiting for this moment to start making money.

What are the advantages of this market situation?

• Price channel - most often, during a flat, an ideal price channel forms, perfect for scalping . You can earn no more than a few pips per trade, but with high leverage, these can be quite significant.

• Clear levels - the minimums and maximums are clearly visible, so you can always bet on them being broken, which will serve as a signal for the beginning of a new trend.

• Maximum profit - a new trend is born precisely after a flat, that is, if you enter at its beginning, you can get the maximum profit.

Trading during the absence of a trend can be done using both market orders and by placing pending orders , the benchmark for placing them is usually the boundaries of the price channel.