There is another name we can use for the term "RANGING"
In the VSA trading methodology, they call it "ACCUMULATION and DISTRIBUTION"
What does it mean?
It means that the big guys(the BIG MONEY), are slowly but surely accumulating, or distributing(BUYING or SELLING) contracts prior to a major move.
They do it delicately so that they dont let the Plebes(the little traders), know what they are doing.
** you can see it happening between the two green lines. Plus you can see it up in the middle of the blue lines, before a move down.
In the VSA trading methodology, they call it "ACCUMULATION and DISTRIBUTION"
What does it mean?
It means that the big guys(the BIG MONEY), are slowly but surely accumulating, or distributing(BUYING or SELLING) contracts prior to a major move.
They do it delicately so that they dont let the Plebes(the little traders), know what they are doing.
** you can see it happening between the two green lines. Plus you can see it up in the middle of the blue lines, before a move down.