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Range or Choppynes
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Range or Choppynes

  #21 (permalink)
Market Wizard
virginia
 
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vegasfoster View Post
In larger ranges I try to get in somewhere in the middle and hope it goes out the other side. For tighter ranges, a common technique is to draw a box or trend lines and wait for the pullback then trade the bounce. Regardless, I try to avoid trading the break. Often easier said than done however.

lately Hubert has been drawing boxes around prices to trade a break out

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  #22 (permalink)
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vegasfoster View Post
In larger ranges I try to get in somewhere in the middle and hope it goes out the other side. For tighter ranges, a common technique is to draw a box or trend lines and wait for the pullback then trade the bounce. Regardless, I try to avoid trading the break. Often easier said than done however.

It's easy when you are old and slow like me. I saw the move developing, knew what I wanted to do and as soon is it hit the mark my mind snapped out orders... Buy Stop Limit at projected UpClose...and my body said, "You talkin' to me..."

I missed the Push Button ... and entered later on a pullback ... although it was a couple of ticks from my original point of entry...

My Advice... don't get old and decrepit...

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  #23 (permalink)
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cory View Post
lately Hubert has been drawing boxes around prices to trade a break out

@cory, not sure who hubert is, but can you share the specifics of the strategy? I always had hard time trading breakouts, so would be interested to hear about it. Thanks.

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  #24 (permalink)
Market Wizard
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vegasfoster View Post
@cory, not sure who hubert is, but can you share the specifics of the strategy? I always had hard time trading breakouts, so would be interested to hear about it. Thanks.

i snag it from this video www.youtube.com/user/TradeTheMarkets#p/u/19/36AZgKMvRJQ

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