Sunday, 18 October 2009

Login to the narrow range

Login to the narrow range confuses many traders, but the theory is quite simple. Common sense dictates that the best time for the opening of a new position, just before the break up or down. The narrow range is characterized by low mobility, when conditions are ready for a large movement. Trader is a busy market in the price level and waits for the start of movement. The advantage of this method is that the position can be accessed with a small loss if the market breaks the other way.

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