RANGE BOX: When the price is in a ranging market look for date of when the price was last in its range. Example above shows we had the range, a breakout above and then a break back inside the range. Draw a box around the range and then identify the buy area and the sell area. This stops you from trading in the middle of the range and getting chopped up by the...
Voodoo levels tip: When low volatility is expected (like over the weekend), price on an intraday basis will most likely range between DH1 and DL1 levels. Exceptions can always happen. But expecting low volatility and mean reversion at the CME open on Sunday is something I continue to bet on. Enjoy your weekend!
Range trading, characterized by price oscillations within defined support and resistance levels, offers traders a structured approach in sideways markets. However, even within these stable waves, deceptive price movements known as fake breakouts can occur. These false signals can lead traders astray if not properly recognized and managed. In this article, we'll...
❗️Unleashing the Secrets of the Forex Market: Identifying Trends Made Easy❗️ 💲As traders, one of the most essential skills is the ability to identify trends. In this article, we will embark on a journey to unravel the mysteries of the forex market trends like never before. So, fasten your seatbelts, get ready for an adventure, and let's dive in! ↗️The...
This is how every profitable trader that I know, makes money in the markets. Know your Weekly, Daily, High, Low & Closing price levels Know your intraday session opening prices Look for swing highs and lows on your preferred trading timeframe Buy High, Sell Higher Sell Low, Buy Lower Add to your winners If the price turns 180º be prepared for sideways markets...
You're watching this video because you keep getting stop-hunted. You feel like every time you enter a trade to the market it immediately goes the other way and you get this little spike out the top or the bottom of a candle that knocks you out of your position and takes out your stop loss. This is most likely due to Market manipulation on your charts which is...
Using the Rule of Thirds to Master Probabilities in trading and investing ranges -------------------------------------------------------------------------------- Stocks typically remaining in consolidation ranges 70% of the time while trending the remainder. Using the rule of thirds, we can use statistics, prior price action and the probabilities of success to...
Welcome to this tutorial This is my personal take from multiple resources and +20 hours of research and my own experience with trading in a range-bound market. Range-bound trading or in this case shorting in a range-bound market contains 5 simple phases: phase A Range High + Range low forms which lead us to have a Range market. phase B Price tends to...
Hello Traders, Here is the most simple & easy explanation about a Range. In this Lesson I will Show you how to Identify & Trade a RANGE! These patterns are seen daily in Stocks, Forex and different markets across the Globe. I hope you will find this information educational & informative. Your support is appreciated with a follow, like & Comment ...
Points of Interest Introduction One of the most common mistakes in trading ist the trading somewhat somewhere in the nowhere, which in general results in a bad trade location, wide stops, being stopped out very often or being right while being wrong. Thus, in trading it is paramount to wait patiently for your setup to appear, and not every setup is of the...
Richard Demille Wyckoff (1873–1934) was an early 20th-century pioneer in the technical approach to studying the stock market. He is considered one of the five “titans” of technical analysis, along with Dow, Gann, Elliott and Merrill. Analyses of Trading Ranges One objective of the Wyckoff method is to improve market timing when establishing a position in...
Save this! Before placing an order it is advisable to wait for confirmation. In the chart above we have an example of a sell that can be made on 1HR / 30m / 15m. We are waiting for the price to form a resistance. See if there is enough range 15-20 pips . Place the order and as a target most recent support.
Most things are written on the chart. I have hidden the reference fib itself as it is specifically edited for a certain purpose, but I base it on the psychological effect range theory (should be easy to figure out my methodology just knowing that) as well as the silver ratio for highs rather than the somewhat misused golden ratio (it's not really that prevalent in...
How to trade consolidations, ranging markets. Most of the time, markets move sideways. lets find out 3 ways to get advantage of these periods.
Dear friends! I continue describing oscillators developed by Thomas DeMark. In my previous articles, I have already explained such tools as TD REI and TD POQ (look here ). In this post I’ll continue describing technical tools developed by Thomas DeMark. TD DeMarker I I’d like to start with the TD DeMarker I indicator. It is similar to TD REI and aims to...
NSE:BEL can be used for range bound options/trading purpose.
5.12.20 This video is the sequel to the previous video. In addition, I showed two ways to frame range boxes on the gold contract. I decided to give a closer look at the bear trap on the DXY and as I did this, I realized I had to look at a couple of time frames in order to add clarity. This was a bear trap on smaller time frame, but it is a retest of a breakout...