Guys and gals,
I have to admit. I am not the greatest fan of ranged price action, but considering most of the time we have to deal with it i’d like to have some community fun with it. The aim of this thread is to gather some tactics to get through ranged periods with a profit. Convince me to love consolidation periods!
I’d like to create a community EA, ment to be shared between the active participants.
So my question is:
- how would you approach a ranged market?
- when do you consider it ranged?
- when do you consider a range to be over?
- How do you determine a direction change (bulls vs bears)?
- What tactic would you like to use?
- etc.
Feel free, it is brainstorming time. I will tell you what we can or can’t do. I have my ideas, but I like to hear yours.
What are your thoughts, ideas or actual trading tactics. What can we learn from you?