XJO 1.08% 7,727.6 s&p/asx 200

new day 17th feb, page-14

  1. 84 Posts.
    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.
 
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