Ranging markets are difficult to trade. Most traders find themselves stopped out in a range market and wonder why. It is very simple. Ranging markets have a short range. Meaning the price movement is very tight. When traders are trying to hit their 1:2 or 1:3 risk reward targets, they become frustrated and wonder why they are loosing. Some remedies I suggest...
9.11.20 OIL It is worth listening to what happened in this market and what it means for a market to "expand" and how the probability for a market to move significantly higher may requited that the market moves lower first. Price Action: Expansion: How expansion can reduce risk.