When the market is stuck in a sideways trading range, the primary place to look for opportunity is at the upper and lower edges.

<image: Trading the edges of a Sideways Market>

<image: Trading the edges of a Sideways Market>

<image: Trading the edges of a Sideways Market>

<image: Trading the edges of a Sideways Market>

<image: Trading the edges of a Sideways Market>

<image: Trading the edges of a Sideways Market>

<image: Trading the edges of a Sideways Market>

<image: Trading the edges of a Sideways Market>

When the market is stuck in a sideways trading range, the primary place to look for opportunity is at the upper and lower edges.

Important References:

Sideways Trend definition: Volume 2, Chapter 3, Pages 99-102

3rd & 4th Principles of Future Trend Direction: Volume 2, Chapter 3, Pages 145, 149, 150

BOF Setup: Volume 3, Chapter 4, Pages 28-31

LTF Pattern entry: Volume 3, Chapter 4, Pages 86-93

Happy trading,

Lance Beggs

 

 

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3 Comments

  1. Sir, i am not able to find good intraday stocks to trade in intraday basis, when i reach a stock just before that it already has shown its move and i also have patience issues can you suggest some measures.

    Thank you

    Reply

    2. And with a bit more detail please. It’s not possible to provide any guidance with general statements. Why have you not found stocks to trade? What approach have you been trying? Why hasn’t it worked? What else have you tried? What are you planning next, to fix the issue? etc etc etc.

      Reply

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