Forex Sideways Market

Earlier today I shared my first post in regards to the forex market, and promised to share some of my experiences. Today my experience has taught me to stay away from the a frustration I learned yesterday - don't trade during a sideways forex market where most currency pairs neither go up or down! The lesson I learned yesterday was repeated today, and now I finally have it in my brain that it's simply best to not trade during a sideways market - lol!

Although I made some profits with my forex demo play money account this morning, attempting to participate in a sideways market made it difficult and resulted in greater losses.

Best lesson to learn from a sideways market is that you will have a difficult time determining what the tool indicators would normally forewarn or alert you to do! So, I have made the decision to stay out of a sideways market, which I believe is a good thing!

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