Does this market look like it's oscillating within a range from 90600 to 86000?
How to trade within a range, I already posted a video about this last time, and I'll say it again now: trade along the upper and lower edges of the range, aiming for a 1000-point gain to prevent order misses. Start stop-loss once the price breaks a certain distance beyond the edge. Trading tips: Range oscillations will eventually break out. Set good stop-loss levels. If you want to turn this into a trend trade, then short at the upper edge at 90600, and go long at the lower edge at 86600. Hold both long and short positions with stop-losses. After breaking out of the range, a small stop-loss on either side turns the other side into a trend with big profits.
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Does this market look like it's oscillating within a range from 90600 to 86000?
How to trade within a range, I already posted a video about this last time, and I'll say it again now: trade along the upper and lower edges of the range, aiming for a 1000-point gain to prevent order misses. Start stop-loss once the price breaks a certain distance beyond the edge.
Trading tips: Range oscillations will eventually break out. Set good stop-loss levels. If you want to turn this into a trend trade, then short at the upper edge at 90600, and go long at the lower edge at 86600. Hold both long and short positions with stop-losses.
After breaking out of the range, a small stop-loss on either side turns the other side into a trend with big profits.