Guess what, I used to be able trade ranging markets with profits. Now, with the low leverage the market has become DEAD silent. There are hardly nobody trading the ranging markets anymore.
Why? It is because ranging markets travel such small distances that one is required to use high leverage for any trade to be worthwhile. Of course, if you have deep pocket account than you would not need leverage in the first place. Most people, however, are not deep pockets.
Most people just leave the ranging markets alone nowadays. For hours, there are no new tick data. This means the market is losing participants; no customers no business.
Guess what? Forex market and Stock market are like twin brothers. If Forex market becomes DEAD then you can transfer your knowledge to the stock market. But then the stock market will probably be dead next too with itchy hands on regulations.
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