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How do you figure out when a range (Choppy) is about to be finished?
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It is a really really bad question..assuming people who will answer have a crystal ball of some sorts.
It is really a question of fading a range vs taking a breakout....but those are not really two mutually exclusive setups depending on how price develops. Could get 1, both or none on the same range/range break....
That is why trading is so much fun though.
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.
