We have heard many complaints from traders about the market being flat, the market is dead etc. Is that the real problem or is it that traders do not know what to look for when the market is going sideways?
For new traders it is soon learned that sideways markets are great set ups for break out moves. The longer a price moves in a sideways direction the stronger the break out usually is when the move is made. I like to use the 30 minute chart to see the moves set up and break out. When the 30 minute chart starts to go flat that is the signal that a break out is soon to follow. Put an alert just a little above and below the tops and bottoms of the sideways movement then wait until the market moves outside the alerts that may be a good time to enter the market.
When the market is sideways get ready to trade.