I know I sound like a broken record but this asset IS still in a squeeze, thus TRADE THE RANGE. A lot of shredding of this chart is going to start happening as this squeeze starts to expand out. We are going to see BIG MOVES in every direction. Use this as an opportunity to take some money out of this market, it is a win win for all of us. Sell insurance shorts at or near the top of the range. Buy it back at or near the bottom of the range, or be like me and just do it now because you are about to go to bed.
For me a few hundred pips this way or that way doesn't matter because rest assured, I am selling at every top and buying back in at every bottom. This is how it is done my friends, it isn't rocket science. Get yourself a reliable order flow source and trade a solid range. You can do it all week, every week, all the time. Sure, you are going to lose some moonshots or a range will fool you and bottom out, but every time that happens you wise up; a solid range can seem to go on forever and man it takes a long time for a volatility trader like myself to find one of these. I got so excited about it I had to share it with the world.
Ok, I'm tired, good night. Make a lot of money while I get some rest.
For me a few hundred pips this way or that way doesn't matter because rest assured, I am selling at every top and buying back in at every bottom. This is how it is done my friends, it isn't rocket science. Get yourself a reliable order flow source and trade a solid range. You can do it all week, every week, all the time. Sure, you are going to lose some moonshots or a range will fool you and bottom out, but every time that happens you wise up; a solid range can seem to go on forever and man it takes a long time for a volatility trader like myself to find one of these. I got so excited about it I had to share it with the world.
Ok, I'm tired, good night. Make a lot of money while I get some rest.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.