【FX Video】 If you understand the range, the market becomes super easy! Day trader Kousuke's method for identifying ranges
When trading aims to catch trends, you might think you should skip the range market. That thought isn’t entirely wrong. However, if you view the range market as a preparatory stage that leads into the next trend, you’ll likely improve your trend-following accuracy and seize more opportunities.
In this video, we have Kousuke, a day trader, explain a reliable method to identify range markets. (Interview: Editorial Department, Shikanai)
What you can learn from this video
In this video, you will learn the following:
- Definition and detection of ranges
- Ranges are where you should wait for trading opportunities
- A free template that lets you recognize ranges at a glance
- Using perfect order to identify the range
- Recent highs and lows as the basis
- How much price range to target after a range breakout?
●Video: 6 minutes 11 seconds
Kousuke’s profile
A former musician who has been trading for over 10 years. He develops indicators and Expert Advisors (EAs) while also achieving solid results in discretionary trading. He placed 3rd in the World Trading Contest’s Robins Cup (WTC) and holds the Japan Certified Technical Analyst qualification.
Official site:Kousuke
A word from the editor in charge, Shikanai
I see. Range markets inevitably transition into trend markets, so with the approach in this video, if you grasp that “we are currently in a range,” future trend-following will proceed smoothly.
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