Hi all,
I have question about range trading in way of breakout vs. in range. I have feeling that preferred method is breakout from well proven SR and then pullback so we have that support changed into resistance. Can you say why other method of trading in the range is more difficult and avoided by some of you?
I attach chart so please let me know what's wrong or more difficult with such trading in this case.
I would also appreciate v much of some reference links that deal with this. It could be that I read them but missed their importance so forgive me asking.
Regards.
I have question about range trading in way of breakout vs. in range. I have feeling that preferred method is breakout from well proven SR and then pullback so we have that support changed into resistance. Can you say why other method of trading in the range is more difficult and avoided by some of you?
I attach chart so please let me know what's wrong or more difficult with such trading in this case.
I would also appreciate v much of some reference links that deal with this. It could be that I read them but missed their importance so forgive me asking.
Regards.