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Topic: [ANN] [POS / MN] ⭐️ An All-in-One Crypto Trading App ⭐️ Windows/MacOS - page 2. (Read 12837 times)

copper member
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Dear all, 🌞

  We continue a series of training programs for new users of our trading terminal. We know it can be difficult for a beginner to see all those black charts and rows of numbers. Don't panic – we'll walk you through it step by step. You will learn how to use the interface, add trading accounts, search for quotes, read the order book, analyze charts and, of course, open and close orders.

In the second article we will deal with candlestick charts.

 ☝️You can read it here: https://oneexbit.com/docs/terminal/second_part.html


📌Guide https://oneexbit.com/docs/

🔹Website: https://oneexbit.com
🔹Twitter: https://twitter.com/Oneexbit1
🔹Telegram: https://t.me/oneexbit
🔹Discord: https://discord.gg/4QtsXck
🔹GitHub: https://github.com/oneexbit/oneexbit-release/
🔹Whitepaper: https://oneexbit.com/whitepaper-onex.pdf
🔹Medium: https://medium.com/@smmonex
🔹Reddit: https://www.reddit.com/user/smmoneexbit
🔹Bitcointalk: https://bitcointalksearch.org/topic/ann-pos-mn-an-all-in-one-crypto-trading-app-windowsmacos-5129693
copper member
Activity: 291
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Dear all, 🌞

Coinbase CEO Brian Armstrong has announced that the exchange has made a total of $2 billion in transaction fees in the past 7 years. This is several times more than all the funding it received. Centralized exchanges are indeed a profitable business! However, Armstrong also noted that the firm is reinvesting almost all of its profits into developing new products. Remember that Coinbase is one of 10 major exchanges integrated into the OneExBit trading terminal – a versatile platform where you can switch between your accounts instantly.

🔵We are created for your profit
❤️ Onex Team

📌Guide http://guideonex.tilda.ws/

🔹Website: https://oneexbit.com
🔹Twitter: https://twitter.com/Oneexbit1
🔹Telegram: https://t.me/oneexbit
🔹Discord: https://discord.gg/4QtsXck
🔹GitHub: https://github.com/oneexbit/oneexbit-release/
🔹Whitepaper: https://oneexbit.com/whitepaper-onex.pdf
🔹Medium: https://medium.com/@smmonex
🔹Reddit: https://www.reddit.com/user/smmoneexbit
🔹Bitcointalk: https://bitcointalksearch.org/topic/ann-pos-mn-an-all-in-one-crypto-trading-app-windowsmacos-5129693
🔹 EXCHANGES: https://wallet.crypto-bridge.org/market/BRIDGE.ONEX_BRIDGE.BTC
copper member
Activity: 98
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Hello from the TRTTNODES platform

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- Add more coins to existing investment
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- Low minimum investment (just 10 EUR value)
- No cap on investment amount
- Low fees
- 24/7 service

 COLD WALLET MASTERNODE HOSTING
- Keep your coins into your wallet.
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- 3-clicks setup
- Price: 1.79 €/Month. Volume discounts available.
- Fees charged daily in TRTT
- 24/7 service

trttNodes Guides:
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Cold Nodes setup at trttNodes- https://bit.ly/2SBYkxx

Start earning with us on https://node.trittium.cc/

Check our multicurrency explorer at  https://chains.trittium.cc/

If you have any concerns and questions or just want to chat with us, you are always welcome on our Discord server:
https://discord.gg/7PDearP
copper member
Activity: 291
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Dear all, 🌞

Our development team has partnered up with several prominent AI specialists to develop our own neural network. The new AI will predict crypto prices with a very good accuracy. It will be a fantastic addition to our trading terminal. Both experienced traders and beginners will be able to maximize their profits using our machine learning algorithm. We'll start with a few most popular markets first and then train the model to predict prices for other currency pairs.

🔵We are created for your profit
❤️ Onex Team

📌Guide http://guideonex.tilda.ws/

🔹Website: https://oneexbit.com
🔹Twitter: https://twitter.com/Oneexbit1
🔹Telegram: https://t.me/oneexbit
🔹Discord: https://discord.gg/4QtsXck
🔹GitHub: https://github.com/oneexbit/oneexbit-release/
🔹Whitepaper: https://oneexbit.com/whitepaper-onex.pdf
🔹Medium: https://medium.com/@smmonex
🔹Reddit: https://www.reddit.com/user/smmoneexbit
🔹Bitcointalk: https://bitcointalksearch.org/topic/ann-pos-mn-an-all-in-one-crypto-trading-app-windowsmacos-5129693
🔹 EXCHANGES: https://wallet.crypto-bridge.org/market/BRIDGE.ONEX_BRIDGE.BTCм
copper member
Activity: 291
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Dear all, 🌞

Bitfinex – one of the exchanges integrated into our terminal – is denying any involvement in the shenanigans of Crypto Capital. The CEO of this crypto processing firm, Ivan Lee, has just been arrested and accused of laundering crypto for drug cartels. Crypto Capital is one of the leading payment processors, having worked with BitMEX and Kraken. Bitfinex states that it has never asked Crypto Capital to launder any money on behalf of its clients, though.
ONEX clients have nothing to worry about. There's no reason to think that the operations of Bitfinex will be affected in any way. You can keep trading on Bitfinex in our terminal and 9 more exchanges. If you still haven't tried OneExBit, now is a great time to start!

🔵We are created for your profit
❤️ Onex Team

📌Guide http://guideonex.tilda.ws/

🔹Website: https://oneexbit.com
🔹Twitter: https://twitter.com/Oneexbit1
🔹Telegram: https://t.me/oneexbit
🔹Discord: https://discord.gg/4QtsXck
🔹GitHub: https://github.com/oneexbit/oneexbit-release/
🔹Whitepaper: https://oneexbit.com/whitepaper-onex.pdf
🔹Medium: https://medium.com/@smmonex
🔹Reddit: https://www.reddit.com/user/smmoneexbit
🔹Bitcointalk: https://bitcointalksearch.org/topic/ann-pos-mn-an-all-in-one-crypto-trading-app-windowsmacos-5129693
🔹 EXCHANGES: https://wallet.crypto-bridge.org/market/BRIDGE.ONEX_BRIDGE.BTC
copper member
Activity: 291
Merit: 0
Dear all, 🌞

BitMEX is one of the 10 major exchanges integrated into our trading terminal. And the CEO of BitMEX, Arthur Hayes, is extremely bullish on Bitcoin. He recently tweeted that we should all prepare for $20 000 for 1 BTC – and very soon. The reason lies in the policy of the US Federal Reserve: it's relaxing its monetary policy and lowering interest rates. As the Fed keeps pumping money into the economy, the profitablity of traditional assets will fall – and many investors will switch to Bitcoin. This can fuel a  massive price rally.
Should you believe Hayes and buy in, remember that OneExBit is the easiest way to trade in BTC. You can switch among your accounts instantly, get access to all the analytics you need, find arbitrage windows – and much more.

🔵We are created for your profit
❤️ Onex Team

🔹Website: https://oneexbit.com
🔹Twitter: https://twitter.com/Oneexbit1
🔹Telegram: https://t.me/oneexbit
🔹Discord: https://discord.gg/4QtsXck
🔹GitHub: https://github.com/oneexbit/oneexbit-release/
🔹Whitepaper: https://oneexbit.com/whitepaper-onex.pdf
🔹Medium: https://medium.com/@smmonex
🔹Reddit: https://www.reddit.com/user/smmoneexbit
🔹Bitcointalk: https://bitcointalksearch.org/topic/ann-pos-mn-an-all-in-one-crypto-trading-app-windowsmacos-5129693
copper member
Activity: 291
Merit: 0
BitMEX is one of the 10 major exchanges integrated into our trading terminal. And the CEO of BitMEX, Arthur Hayes, is extremely bullish on Bitcoin. He recently tweeted that we should all prepare for $20 000 for 1 BTC – and very soon. The reason lies in the policy of the US Federal Reserve: it's relaxing its monetary policy and lowering interest rates. As the Fed keeps pumping money into the economy, the profitablity of traditional assets will fall – and many investors will switch to Bitcoin. This can fuel a  massive price rally.

Should you believe Hayes and buy in, remember that OneExBit is the easiest way to trade in BTC. You can switch among your accounts instantly, get access to all the analytics you need, find arbitrage windows – and much more.

🔵We are created for your profit
❤️ Onex Team

🔹Website: https://oneexbit.com
🔹Twitter: https://twitter.com/Oneexbit1
🔹Telegram: https://t.me/oneexbit
🔹Discord: https://discord.gg/4QtsXck
🔹GitHub: https://github.com/oneexbit/oneexbit-release/
🔹Whitepaper: https://oneexbit.com/whitepaper-onex.pdf
🔹Medium: https://medium.com/@smmonex
🔹Reddit: https://www.reddit.com/user/smmoneexbit
🔹Bitcointalk: https://bitcointalksearch.org/topic/ann-pos-mn-an-all-in-one-crypto-trading-app-windowsmacos-5129693
copper member
Activity: 291
Merit: 0
Dear all, 🌞

One of the exchanges integrated into the OneExBit terminal – Poloniex – made it on the list of the “cleanest” crypto exchanges, according to the Blockchain Transparency Institute (BTI). The report calculated which exchanges have the least volume of wash trading –  that is, fictitious deals. In wash trading, same-size buy and sell orders are opened at the same time to create an illusion of high demand for an asset. Such fake deals are forbidden in regulated exchanges. However, in BTC trading they represent a huge percentage of all volume – some even say up to 95%. We don't recommend that you engage in fake trading of any kind: while exchanges often close their eyes upon such practices, you can still get banned if caught.

🔵We are created for your profit
❤️ Onex Team

🔹Website: https://oneexbit.com
🔹Twitter: https://twitter.com/Oneexbit1
🔹Telegram: https://t.me/oneexbit
🔹Discord: https://discord.gg/4QtsXck
🔹GitHub: https://github.com/oneexbit/oneexbit-release/
🔹Whitepaper: https://oneexbit.com/whitepaper-onex.pdf
🔹Medium: https://medium.com/@smmonex
🔹Reddit: https://www.reddit.com/user/smmoneexbit
🔹Bitcointalk: https://bitcointalksearch.org/topic/ann-pos-mn-an-all-in-one-crypto-trading-app-windowsmacos-5129693
copper member
Activity: 291
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Dear all, 🌞

🔵When you trade in a terminal like  OneExBit, you can sometimes get the “Too many requests” API error. Normally it happens when you use a trading bot. At this point, your account will be temporarily blocked – it's a kind of a short-term ban.
🔵This is nothing out of the ordinary – the exchange is simply protecting its servers against an overload. Usually the terms of service (User Agreement) of an exchange will state that you're not supposed to place an unreasonably large load on the system – and bots can do exactly that. Instead of shutting down the API altogether, the exchange will block some IP addresses.
🔵It's difficult to protect yourself from the “Too many requests” error and the associated ban. Just remember that it's something that the exchange has the right to do – and that  OneExBit isn't liable for any consequences of such a ban.

🔵We are created for your profit
❤️ Onex Team

🔹Website: https://oneexbit.com
🔹Twitter: https://twitter.com/Oneexbit1
🔹Telegram: https://t.me/oneexbit
🔹Discord: https://discord.gg/4QtsXck
🔹GitHub: https://github.com/oneexbit/oneexbit-release/
🔹Whitepaper: https://oneexbit.com/whitepaper-onex.pdf
🔹Medium: https://medium.com/@smmonex
🔹Reddit: https://www.reddit.com/user/smmoneexbit
🔹Bitcointalk: https://bitcointalksearch.org/topic/ann-pos-mn-an-all-in-one-crypto-trading-app-windowsmacos-5129693
copper member
Activity: 291
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Dear all, 🌞

Why should you use a trading terminal, such as OneExBit? Isn't it easier to just trade on an exchange?
In fact, there are several strong arguments in favor of trading terminals:
- You can distribute your portfolio among several exchanges, hedging your risks;
- You can switch between accounts on various exchanges instantly;
- It's easy to use automated strategies (bots);
- Quick access to analytics, news, and charts;
- Much higher speed compared to web browsers.
OneExBit offers all these benefits and more. We already have 10 integrated exchanges and a quickly growing community of traders. Join us today

🔵We are created for your profit
❤️ Onex Team

🔹Website: https://oneexbit.com
🔹Twitter: https://twitter.com/Oneexbit1
🔹Telegram: https://t.me/oneexbit
🔹Discord: https://discord.gg/4QtsXck
🔹GitHub: https://github.com/oneexbit/oneexbit-release/
🔹Whitepaper: https://oneexbit.com/whitepaper-onex.pdf
🔹Medium: https://medium.com/@smmonex
🔹Reddit: https://www.reddit.com/user/smmoneexbit
🔹Bitcointalk: https://bitcointalksearch.org/topic/ann-pos-mn-an-all-in-one-crypto-trading-app-windowsmacos-5129693
copper member
Activity: 291
Merit: 0
Dear all, 🌞

🔵In just a few weeks, Binance will again be available in the United States. The exchange is launching a new platform specially designed for the US market. Meanwhile, OneExBit reminds you to check very carefully that your jurisdiction is not restricted by your exchange of choice. Remember that you can get banned if you use an exchange while on vacation in a restricted territory, such as the US!

🔵We are created for your profit
❤️ Onex Team

🔹Website: https://oneexbit.com
🔹Twitter: https://twitter.com/Oneexbit1
🔹Telegram: https://t.me/oneexbit
🔹Discord: https://discord.gg/4QtsXck
🔹GitHub: https://github.com/oneexbit/oneexbit-release/
🔹Whitepaper: https://oneexbit.com/whitepaper-onex.pdf
🔹Medium: https://medium.com/@smmonex
🔹Reddit: https://www.reddit.com/user/smmoneexbit
🔹Bitcointalk: https://bitcointalksearch.org/topic/ann-pos-mn-an-all-in-one-crypto-trading-app-windowsmacos-5129693
copper member
Activity: 291
Merit: 0

Dear all, 🌞

🔵We are getting closer to the launch of Telegram's token, TON (or Gram), scheduled for October. The question is – which crypto exchange will list it first? It seems like the winner is Blackmoon – a rather little-known exchange that has just signed a partnership with the Swiss fund Gram Vault. The fund manages a large proportion of the investments in TON.
Would you like to trade in Gram tokens once they are listed? If yes, do you want OneExBit to add Blackmoon to the list of integrated exchanges? Share your opinion in the comments?

🔵We are created for your profit
❤️ Onex Team

🔹Website: https://oneexbit.com
🔹Twitter: https://twitter.com/Oneexbit1
🔹Telegram: https://t.me/oneexbit
🔹Discord: https://discord.gg/4QtsXck
🔹GitHub: https://github.com/oneexbit/oneexbit-release/
🔹Whitepaper: https://oneexbit.com/whitepaper-onex.pdf
🔹Medium: https://medium.com/@smmonex
🔹Reddit: https://www.reddit.com/user/smmoneexbit
🔹Bitcointalk: https://bitcointalksearch.org/topic/ann-pos-mn-an-all-in-one-crypto-trading-app-windowsmacos-5129693
copper member
Activity: 291
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🔵2019 is becoming a record year for crypto thefts. So far this year hackers made away with more than $4 billion! That's 2.5 times more than in the whole 2018. Most attacks are very carefully orchestrated: they involve phishing, SIM swapping, and URL hijacking. For example, a criminal can switch your phone number to their own SIM card. Then, when the hacker steals your crypto, you won't receive any alerts. So always be on your guard.

OneExBit terminal can actually help you stay safe. When you trade in the terminal, you don't have to enter the exchange website – so you won't fall prey to a phishing attack.

🔵We are created for your profit
❤️ Onex Team

🔹Website: https://oneexbit.com
🔹Twitter: https://twitter.com/Oneexbit1
🔹Telegram: https://t.me/oneexbit
🔹Discord: https://discord.gg/4QtsXck
🔹GitHub: https://github.com/oneexbit/oneexbit-release/
🔹Whitepaper: https://oneexbit.com/whitepaper-onex.pdf
🔹Medium: https://medium.com/@smmonex
🔹Reddit: https://www.reddit.com/user/smmoneexbit
🔹Bitcointalk: https://bitcointalksearch.org/topic/ann-pos-mn-an-all-in-one-crypto-trading-app-windowsmacos-5129693
copper member
Activity: 291
Merit: 0
Dear all, 🌞

🔵Some users still have doubts about trading in a terminal like OneExBit. The main concern is the API keys. We keep getting questions about how safe it is to enter the keys into the terminal. We'd like to state it very clearly once again: we don't store your API keys on our servers. They are stored locally on your device – and nowhere else. So the only risk is that someone could break into your computer and get the keys. OneExBit treats your security as our highest priority – but remember to keep your data safe on your side!

🔵We are created for your profit
❤️ Onex Team



🔹Website: https://oneexbit.com
🔹Twitter: https://twitter.com/Oneexbit1
🔹Telegram: https://t.me/oneexbit
🔹Discord: https://discord.gg/4QtsXck
🔹GitHub: https://github.com/oneexbit/oneexbit-release/
🔹Whitepaper: https://oneexbit.com/whitepaper-onex.pdf
🔹Medium: https://medium.com/@smmonex
🔹Reddit: https://www.reddit.com/user/smmoneexbit
🔹Bitcointalk: https://bitcointalksearch.org/topic/ann-pos-mn-an-all-in-one-crypto-trading-app-windowsmacos-5129693
copper member
Activity: 291
Merit: 0
Dear all, 🌞

🔵When you register on an exchange, you'll have to confirm that you're read and understood the User Agreement. We suggest that you actually read it! Sure, it's boring, but it contains a list of forbidden actions – if you commit any of them, the exchange can ban you. For example, most exchanges forbid the use of crypto tumblers and mixers. What's the risk that they will catch you if you deposit a BTC you got from a tumbler? Probably not very high. But still – stay on the safe side and only use “clean” crypto.

🔵We are created for your profit
❤️ Onex Team

🔹Website: https://oneexbit.com
🔹Twitter: https://twitter.com/Oneexbit1
🔹Telegram: https://t.me/oneexbit
🔹Discord: https://discord.gg/4QtsXck
🔹GitHub: https://github.com/oneexbit/oneexbit-release/
🔹Whitepaper: https://oneexbit.com/whitepaper-onex.pdf
🔹Medium: https://medium.com/@smmonex
🔹Reddit: https://www.reddit.com/user/smmoneexbit
🔹Bitcointalk: https://bitcointalksearch.org/topic/ann-pos-mn-an-all-in-one-crypto-trading-app-windowsmacos-5129693
copper member
Activity: 291
Merit: 0
📌
🔵Binance can start working again in the US very soon! CZ Zhao said it can happen in a couple of months. This is great news for all OneExBit users, since Binance is one of the exchanges integrated into the terminal. If Binance resumes operations in the US, then those of our users who go there on vacation will be able to continue their trading without the risk of getting banned. By the way, OneExBit includes many more exchanges, includng Bitfinex, BitMex, CryptoBridge, and HitBTC.

🔵We are created for your profit
❤️ Onex Team

🔹Website: https://oneexbit.com
🔹Twitter: https://twitter.com/Oneexbit1
🔹Telegram: https://t.me/oneexbit
🔹Discord: https://discord.gg/4QtsXck
🔹GitHub: https://github.com/oneexbit/oneexbit-release/
🔹Whitepaper: https://oneexbit.com/whitepaper-onex.pdf
🔹Medium: https://medium.com/@smmonex
🔹Reddit: https://www.reddit.com/user/smmoneexbit
🔹Bitcointalk: https://bitcointalksearch.org/topic/ann-pos-mn-an-all-in-one-crypto-trading-app-windowsmacos-5129693
copper member
Activity: 291
Merit: 0
🔵BitMex has just announced that it will restrict access from Hong Kong, Seychelles, and Bermuda. They do it as a safety precaution, because its employees reside in these three jurisdictions. The exchange wants to prevent possible manipulations from the inside, apparently. What does this mean for OneExBit users? Remember: the restriction applies to all trading operations from these three countries, not only to their citizens. So if you are going on vacation to the Seychelles or Hong Kong, don't use your BitMex account – at least not without a VPN. Otherwise, you can get banned!

🔵We are created for your profit
❤️ Onex Team

🔹Website: https://oneexbit.com
🔹Twitter: https://twitter.com/Oneexbit1
🔹Telegram: https://t.me/oneexbit
🔹Discord: https://discord.gg/4QtsXck
🔹GitHub: https://github.com/oneexbit/oneexbit-release/
🔹Whitepaper: https://oneexbit.com/whitepaper-onex.pdf
🔹Medium: https://medium.com/@smmonex
🔹Reddit: https://www.reddit.com/user/smmoneexbit
🔹Bitcointalk: https://bitcointalksearch.org/topic/ann-pos-mn-an-all-in-one-crypto-trading-app-windowsmacos-5129693
copper member
Activity: 291
Merit: 0
🔵Hackers hit yet another crypto exchange a few days ago – this time it was Beaxy. They stole almost $600 000 worth of BTC and XRP. The criminals exploited a mistake in the exchange's security setup. Of course, almost no exchange is safe from hackers, so there's always a risk to lose money. For this reason, it's wise not to keep all your funds in one exchange. To juggle several exchange accounts, we recommend OneExBit. You can add unlimited accounts to our terminal for free. This is the easiest way to manage a diversified exchange portfolio.

🔵We are created for your profit
❤️ Onex Team

🔹Website:   https://oneexbit.com
🔹Twitter:     https://twitter.com/Oneexbit1
🔹Telegram: https://t.me/oneexbit
🔹Discord:    https://discord.gg/4QtsXck
🔹GitHub:    https://github.com/oneexbit/oneexbit-release/
🔹W/P:        https://oneexbit.com/whitepaper-onex.pdf
🔹Medium:   https://medium.com/@smmonex
🔹Reddit:     https://www.reddit.com/user/smmoneexbit
copper member
Activity: 291
Merit: 0
🔵There were some serious issues at Amazon Web Services on Friday, impacting many crypto exchanges, especially in Asia. Binance, KuCoin and Bitmex all experienced API errors and abnormal price volatility. For instance, some people apparently bought Bitcoin for less than $1. But how would you know of such an opportunity? The best is to have an intraexchange arbitrage bot running, ready to catch such price windows. And at OneExBit, we already have such a bot! Even better, it's completely free.

🔵We are created for your profit
❤️ Onex Team



🔹Website:   https://oneexbit.com
🔹Twitter:     https://twitter.com/Oneexbit1
🔹Telegram: https://t.me/oneexbit
🔹Discord:    https://discord.gg/4QtsXck
🔹GitHub:    https://github.com/oneexbit/oneexbit-release/
🔹W/P:        https://oneexbit.com/whitepaper-onex.pdf
🔹Medium:   https://medium.com/@smmonex
🔹Reddit:     https://www.reddit.com/user/smmoneexbit
copper member
Activity: 291
Merit: 0
      
Trends and trendlines: how to draw them and what they tell you

Even once you learn all the indicators – moving averages, MACD, RSI, Fibonacci levels, and so on – the good old trendlines will remain your loyal friends. They can be a powerful tool of technical analysis, as long as you know how to draw them correctly. Read our beginner's guide below!

As you probably know, a market is called trending when there is a visible sustained movement of the price other up (uptrend) or down (downtrend) for a while. In our previous article we mentioned that a trend continues as long as the price keeps reaching new highs (or lows). However, for a trader it's important to know not just where the price has been or is but where it's going. After all, you earn a profit when you make a correct prediction!

Plotting your line

So how do you draw a trend line? Normally you just need to choose two major highs or lows on the graphs, connect them with a line, then continue it further to the right. If other highs or low touch the same line, then you can consider it confirmed. The more times the price touches (tests) the line, the stronger the trend is considered to be.

Usually you will connect the lows (bottoms) on the graph when working with an uptrend, forming the line of support (see our previous article – link). Conversely, you'll use the highs to draw a downtrend line (that is, the line of resistance). Here are two diagrams to illustrate this:

Uptrend: (support line)



Downtrend (resistance line):


Interpreting the line

Why do we use support for uptrends and resistance for downtrends? Because they help determine points of entry into the market. On an uptrend, you should buy when the price either touches or (better off) just bounces off the support line. On a downtrend, you should short-sell when the price is close to the resistance line or has just bounced off it. To make your trading even more efficient, you should have both support and resistance lines on your chart and redraw them accordingly as soon as you have a new high or low. Most importantly, remember: a trend is not an actual line – it's an area. So if some of your peaks and troughs are just a bit outside the line, it's not a problem.

Important! Don't cheat when you draw a trendline. If it doesn't fit the actual market situation, then it's not valid. Also, remember that trendlines are not exact science. You can give the same chart to several traders, and each of them will draw a different line. Some will consider a particularly high peak part of the line and base their resistance on it. Others will think it an extreme accident that shouldn't be included.

Sideways movement
The market is not always trending. It can also move sideways, or horizontally (also known as a horizontal trend). Sometimes it's said that the price action is choppy, or that the market is ranging or moving in a channel. They are all the same thing: when there is no clear uptrend or downtrend, the price will keep changing within a certain range. Here's an illustration:


As long as you have your lines of support and resistance in place, you can trade profitably in a sideways market, too. In fact, there are even more opportunities, because there are so many small peaks and troughs. However, you'll have to open and close position much more often, paying exchange fees every time – and of course, the revenue itself will be smaller. Don't expect very high profit per trade when the market is in a channel.

As a last point, let's stress that a lot depends on your time frame. For day traders, a trend can last a few hours, then reverse on the same day. For most traders, though, a trend usually lasts days, weeks, or even months.

Our OneExBit trading terminal already includes a free tool for drawing trendlines, so you won't have to bother with pencil and paper. Our terminal includes dozens of free charts and indicators – and we'll tell you all about them, one by one. Stay tuned!

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