Price movement can be seen in two ways.
1. price volatility
2. price trending in a direction.
Price volatility: price move both up and down from 0.5% to 3%.It is suitable for intraday trading,
but they wont look at longer time frame and price trend.
Price trend: Price move in a single direction either up or down with intermittent volatility. Trend traders do not look at volatility and work on a longer time frame. They enter and exit during major reversals.
Both of them have their own advantages and disadvantages.
Trader's mindset decides the type of trade.
1. price volatility
2. price trending in a direction.
Price volatility: price move both up and down from 0.5% to 3%.It is suitable for intraday trading,
but they wont look at longer time frame and price trend.
Price trend: Price move in a single direction either up or down with intermittent volatility. Trend traders do not look at volatility and work on a longer time frame. They enter and exit during major reversals.
Both of them have their own advantages and disadvantages.
Trader's mindset decides the type of trade.
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