3 Secrets For Trading Range-Bound Markets

Video Length: 00:45:56

We’re back after Easter Weekend with a bunch of ranges to trade with tomorrow morning…

What’s the secret to trading these sideways markets?

Ranges act like price-magnets, and with the bulls in control of the momentum, I’ll be looking for ways to buy seller failures and bull breakouts tomorrow morning…

In fact, there are 3 key entry patterns I look for whenever I see a trading-range on the chart. Whatever you do, don’t buy the breakout until you watch tonight’s video…

E-Mini S&P (ES):

(Click on image to enlarge)

E-Mini Keys to Success:

  • Strong bull run into a trading-range.
  • Bulls want to get long at support levels below the range, or trade breakouts to 4100.
  • Bears want to reverse the trend back to the 4030 range below.

Best Trades for Tomorrow: 

  • [UP] – 123-breakout to buy (or) crown reversal to sell
  • [DOWN] – seller failure to buy (or) 123-Reversal to sell
  • [SIDEWAYS] – sit on hands, wait to fade the breakouts

E-Mini Nasdaq (NQ):

(Click on image to enlarge)

Nasdaq Keys to Success:

  • Strong run higher into a sideways trading-range for the bulls.
  • Bulls want to get long at support levels below the trading-range
  • Bears want to reverse the trend for a move back to fill the Weekend Gap

Best Trades for Tomorrow:

  • [UP] – 123-breakout to buy (or) crown reversal to sell
  • [DOWN] – seller failure to buy (or) 123-Reversal to sell
  • [SIDEWAYS] – avoid the middle, buy low with failures

Gold Futures (GC):

(Click on image to enlarge)

Gold Keys to Success:

  • Bullish into a range trading sideways
  • Bulls want to get long at support levels below the range
  • Bears want to reverse the trend for a run back to major lows.

Best Trades for Tomorrow:

  • [UP] – 123-breakout to buy (or) crown reversal to sell
  • [DOWN] – seller failure to buy (or) 123-Reversal to sell
  • [SIDEWAYS] – avoid the middle, wait to buy low with seller failures

Disclaimer: Join our Free Trading Course. Joseph James, SchoolOfTrade.com and United Business Servicing, Inc. are not registered investment or ...

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