Sidelined - A major currency that is lightly traded due to major market interest being in another currency pair.
On the flip side, sidelined traders can find superb second-chance entries when these whippy countertrends grip the midday tape. It works like this. Review the early price action, looking for deep support or resistance.
When you don't feel comfortable with the channel size, stay sidelined for the time being
or activate SRDC level 1 strategy. Either way, you make PIPS.
EXAMPLE 2 ...
EURCHF remains trapped in a range between support at 1.3268 and resistance at 1.3453, according to technical analysts. The pair is sidelined between the 55-day moving average.
 See also: Trading, Support, Resistance, Short, Range
  
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