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Whats the best way to trade in ranging periods, in specific? Usual trading approaches are all around concepts such as breakouts above or below levels. These levels are market means, swing highs and lows, camarilla type levels and so on. However, all of these methods do not give good results, if you are stuck in a range.
One of the most effective ways to trade, which we are experimenting now is to trade the highs and lows of the market. If you can get that right, you are always entering the momentum before the crowd gets in, and therefore will usually reach your targets. The challenge in this method is to discover the highs and lows from where you will begin trading. And thats something, which we have been working on for some time. This will reflect in our trades slowly but surely.
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AuthorAbnash Singh, Am a Trader helping small traders to realize their dreams. Archives
October 2017
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