What to do if a flat comes to the market?

Many traders wonder whether it is possible to trade during a flat, or whether it is better to postpone trading until it is over.

There are quite a few answers to this question, so each trader will be able to choose the most correct solution for himself.

And so, a flat is practically the absence of vertical price movement; for a long time the rate remains almost unchanged; how can you make money at such moments?

1. We change the trading instrument - it is clear that it is more common to trade one currency pair, but why not try other trading instruments, because a flat does not occur simultaneously in all currency pairs.

If you use the right approach, you can even increase the efficiency of trading, for example, if there is a flat in EURUSD, this means that each of the currencies forming the pair is without movement. an upward trend in EURJPY , this only indicates the depreciation of the Japanese yen and you can safely open a deal to buy EURJPY.

2. A gift for a scalper - flat can be different, sometimes the width of the price channel is only a couple of points, and sometimes it reaches 10-15.

The price at this time moves quite predictably and you can easily take 3-5 points from each transaction. 3. Pending orders - as a rule, after a long lull, a sharp jump in price occurs, this is an excellent chance to earn several dozen points.

To do this, we first determine the upper and lower boundaries of the flat price channel, retreat 10 points and place two orders in different directions, not forgetting about the stop loss .

After one of the orders is triggered, the second one can be closed, and the triggered order will move the stop loss to the break-even zone.

Some traders are just waiting for such a market state to put their own trading strategy into action, so during a flat you should not postpone trading and miss your chance for luck.