Market Range - What are they trying to tell us?
When the market range, it is telling us they are lost with the main direction. And we are seeing that between all the US major stock indices and many stocks since the second week of May. Prices basically still trading around the same price since then.
In today’s tutorial, we will discuss:
• How to identify when market started to enter into a range and
• Which direction will it ultimately break away from a range market?
The concept of “Less is More”
When we trade into a contract that is within our means, we will be able to focus on trade set-up that is so helpful for entry, stop loss and profit taking than trying to manage our emotions as we have over traded.
Disclaimer:
• What presented here is not a recommendation, please consult your licensed broker.
• Our mission is to create lateral thinking skills for every investor and trader, knowing when to take a calculated risk with market uncertainty and a bolder risk when opportunity arises.
In today’s tutorial, we will discuss:
• How to identify when market started to enter into a range and
• Which direction will it ultimately break away from a range market?
The concept of “Less is More”
When we trade into a contract that is within our means, we will be able to focus on trade set-up that is so helpful for entry, stop loss and profit taking than trying to manage our emotions as we have over traded.
Disclaimer:
• What presented here is not a recommendation, please consult your licensed broker.
• Our mission is to create lateral thinking skills for every investor and trader, knowing when to take a calculated risk with market uncertainty and a bolder risk when opportunity arises.
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