Today's guest is Karen Stanlake of RangeTraders.com. Karen is going to tell us about the difference between trading and trending markets and some tools she uses in each market condition.
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Markets will either trend or trade. That is, they either move up, down, or go sideways. A common mistake is applying the wrong indicator to the wrong market condition. That would be like wearing a winter coat on a July afternoon in Phoenix!
There are some strategies that do use both types of indicators simultaneously, usually on multiple time frames. That’s beyond the scope of this article, but here are some ideas to help ensure your charts are properly attired for the market you’ve chosen to analyze. Continue reading "Trending And Trading Markets – Finding The Best Indicators For Each"
