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swing trading ranges-do you have to trade in the direction of the market
hello,if swing trading stock,trading ranges do you need to trade in the direction of the market,eg if its a large cap stock you trade in the direction of the s&p 500? (as you would trading a trend)
Also,every trading range i've looked at,at the moment seems very horizontal,with little movement,between support & resistance,so it right to avoid swing trading trading ranges (& also trends) at the present time,due to a lack of big instituitions getting involved???
The trading ranges seem very vague??
I'm looking at this form a demo account point of veiw,but i would still like to trade as i would for real.
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