Hi Blink,
Interesting chart re:Ranges. More interesting is to review the ranges overlaid with the market direction. The ATR always expands during downturns/corrections and closes back during the normal market upgrind. Hence, we are at record low daily ranges at the moment.
When I review my historical equity charts, I make 50% of my income during the few good corrections each year and "bread & butter" income the rest of the time.
It all to do with the increased daily ranges at those times.
So push for larger trade movements during corrections and be happy with smaller trades during the uptrends.
Cheers.
- Forums
- ASX - By Stock
- XJO
- new day 17th feb
new day 17th feb, page-14
-
- There are more pages in this discussion • 7 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add XJO (ASX) to my watchlist
|
|||||
Last
7,865.5 |
Change
14.800(0.19%) |
Mkt cap ! n/a |
Open | High | Low |
7,850.7 | 7,898.7 | 7,846.6 |
Featured News
XJO (ASX) Chart |
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO & Managing Director
Charles Armstrong
CEO & Managing Director
SPONSORED BY The Market Online