But in reality Range-bound Markets also offer excellent trading opportunities to those who know how structures are & how they obey the market price movements.
When one grasps the knowledge of Market structures, then he can avoid taking all the trades. And can shift focus on a few trades, which qualify the rules.
Today’s Nifty Intraday Session
Is One of the Classic Example of Range bound Market
The Market open gapup. But soon it gave up all the gains & remains rang for the entire session.
Our new Gann trading technique ‘TREND SQUARE’ method picks the first turn for upside before 10:00 am, which results in 40 points profit. Then Sell-Signal came just after 11:00 am & result in almost 35 points profit.
After that, next signal came for Buy around 1:00 pm. And it results in almost 65 points gains. The last Sell signal came before 3:00 am, It was quick & gave almost 50 points profit opportunity.
The total Four Trading Signal’s result in 190 points gain in just one trading session. If you avoided the today’s market because of Rangy moves, then you are losing the excellent profits which Range-bound market offers.