Many stocks will trade in a range

Don't spend time on bad trades it happens to all traders you will lose money from time to time.You need to accept it and move on to the next trade and remember there are not always trades to take so don't make trades out of boredum. You cannot save a bad trade so do not add to it thinking it will go back up this is a mistake let it stop out and move on. All this does is raise your stress levels and waiste your trading capital.
Another way to reduce stress is to make sure you have a excellent trading platform. You need to have level II and be able to read charts. Do not spend time trying to trade blind and not knowing when to trade this is a sure way to lose money and many new traders will do this. Learn whne to trade by watch the volumn start to come into the trade ,watching the last sale in the level II is a great way to know when the buyers are entering a trade.
Many stocks will trade in a range traders should realize this and watch for volumn to come in at the support area on the charts.Remember no trade setup is perfect but if you have done your research to the supports area them a majority of the time you will make a profitable trade. Do not get gready take your profits and move to the next trade. All the big trading brokers offer free programs and live demo's on how to use their trading platforms. You should take advantage of this since its a great way to learn how to trade which in turn will reduce your stress and make you more profitable in trading the markets.

To be successful traders

Most of you may have read trading books that state that increasing volume is good for the continuation of the trend. While this is true, there becomes a point of saturation where the markets cannot sustain the trend and start to reverse. Think of what makes prices rise.  There has to be a buyer and a seller for every transaction. However when there are many buyers chasing a limited amount of supply due to a limited number of sellers, prices will rise as the buyers outbid each other to buy the shares. To be successful traders, you must look for the highest probability entries at demand and supply. Many times our trades will be confirmed immediately after we enter with large candles and professionals entering. We can help to time our exit at our target demand or supply when we see large candles signaling the amateurs’ entrance into the trend.

EU and IMF lenders

German Chancellor Angela Merkel urged Greece and its creditors on Friday to keep pushing for a cash-for-reforms deal after Brussels negotiations hit stalemate, as European leaders heaped pressure on Athens to give ground.
Time is fast running out for Greece to reach agreement with its EU and IMF lenders and avert a default at the end of June that could see it tumbling out of the euro zone. But talks ended without a breakthrough on Thursday night and the International Monetary Fundteam abruptly left Brussels.
Both sides tried to keep hope alive on Friday and a Greek minister said he hoped for an agreement on June 18. European Commission President Jean-Claude Juncker said the ball was in the Greek government’s court, while the Eurogroup chief demanded “serious proposals” for reforms.
Greece needs a deal to unlock aid or loosen curbs on how much it can borrow in short term debt before a 1.6 billion euro ($1.8 billion) IMF repayment due by the end of this month.“Where there’s a will there’s a way but the will has to come from all sides so it’s important that we keep speaking with each other,” Merkel told a conference in Berlin.Despite the warnings of imminent default, Greek Prime Minister Alexis Tsipras is showing no signs of alarm.

EUR/CHF Chart

Summary : Target Level : 1.0403Target Period : 2 days
Analysis :
Descending Triangle identified at 23-Jun-20:00 2015 GMT. This pattern is still in the process of forming. Possible bearish price movement towards the support 1.04 within the next 2 days.
Supporting Indicators :
Downward sloping Moving Average
Resistance Levels :
( B ) 1.0475Last resistance turning point of Descending Triangle.
Support Levels
( A ) 1.0403Last support turning point of Descending Triangle.

 

USD/CHF chart

Summary : Target Level : 0.9183Target Period : 2 days
Analysis :
Descending Triangle has broken through the support line at 17-Jun-20:00 2015 GMT. Possible bearish price movement forecast for the next 2 days towards 0.918.
Supporting Indicators :
Downward sloping Moving Average
Resistance Levels :
( A ) 0.931Last resistance turning point of Descending Triangle.