Range trading is about finding a price channel where an asset keeps bouncing between a high and low point. Even in a trending market, prices don't move in a straight line. They often pause and consolidate, creating small ranges on shorter time frames like the 15-minute chart. The strategy buys near identified support and sells near resistance, betting the price will revert to the mean of that range instead of breaking out. (2/7)

Find the range. On your 15-minute Forex chart, look for a period where the price isn't making new highs or new lows. Draw a horizontal line at the highest point it keeps hitting and another at the lowest point. For a beginner, a clear 30-pipe range on EUR/USD is a good place to start. (3/7)

Place your orders. With an aggressive risk profile, you can set a buy limit order just a few pips above your drawn support line. Set a sell limit order just a few pips below your resistance line. This means you're entering trades automatically at the edges without having to watch the screen and make a pressured decision. (4/7)

Manage your trade. Your stop loss goes just on the other side of the range boundary. If you bought at support, your stop is just below it. Your profit target is the opposite side of the range. This gives you a clear risk and reward before you ever enter the trade. The key is to not move these levels no matter what. (5/7)