Trend or range? You have 5 seconds
Trend or range? You have five seconds. Get it wrong and you'll use the wrong strategy all day.
- Swings stepping in one direction = trend. Buy the pullbacks, stop under the last low.
- Same highs and same lows again and again = range. Buy near the bottom, sell near the top.
- In a range, stops go just outside the box.
- Real charts: EUR/USD 1H Oct 22–26 (range 1.1185–1.1231), gold 1H Aug 20–24 (trend).
The real chart used in this lesson
Real EURUSD 1-hour · Oct 22 – Oct 26 · trend: XAUUSD 1-hour Aug 20 – Aug 24 · quiz: USDJPY 1-hour Oct 26 – Oct 28
Quiz at the end: This one: trend or range?
Full transcript
Trend or range? You have five seconds.
Get it wrong and you'll use the wrong strategy all day.
Time's up. It's a range.
The highs stop at the same price, again and again. So do the lows.
In a range, trade the edges. Buy near the bottom, sell near the top.
Stops go just outside the box.
Now this gold chart. Every low is higher, every high is higher. That's a trend.
In a trend, don't sell the top. Buy the pullbacks, stop under the last low.
Save this. Swings stepping one way: trend, buy pullbacks. Same highs and lows: range, trade the edges.
Your turn. This one: trend or range? Comment below.
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