Hi Phil:
Thanks for replying.
I understand it better now.
Would this be a rule of thumb:
"If the overnight range is at the top/bottom of a larger range and there is enough room on the average daily range to the larger range - you can take on a break of the smaller range to the boundary of...
Range Reversal?
Hi Phil:
Can you elaborate on Range Reversals?
I saw you try one today on EURYEN where there was a smaller overnight range at the bottom of of a larger range.
Sometimes you don't trade the smaller range but wait for a breakout of the larger range!
But, today you took the...