Markets are either trending or ranging. Knowing which phase SEN're in tells SEN which araçlar and strategies fit — and işlem the wrong style for the phase is a common, avoidable error.
Trend
A trend is a sequence of higher highs and higher lows (uptrend) or lower highs and lower lows (downtrend). Trends ödül patience and trailing winners.
Aralık
A range is sideways price bouncing between destek and resistance. Ranges ödül fading the edges and taking quicker profits. Forcing trend tactics in a range gets chopped up.
Transitions
Markets cycle: accumulation, trend, distribution, reversal. The hardest money is made at transitions; the easiest is made riding an established trend. Identify the phase before choosing a tactic.
Key takeaways
- Trends = higher highs/lows or lower highs/lows; ranges = sideways.
- Match tactics to phase: trend-follow trends, fade ranges.
- Markets cycle through phases; ride established trends for the easiest edge.