At this time of year through to the end of January the market changes. Movement tends to die down and you start to see a lot of ranges forming.
This is the time to start looking at different types of trading. Things like range breaks and candle patterns really come into their own in this kind of market. So I thought I would reintroduce a little known and little discussed part of my method. To be honest I stopped taking these trades myself as GBP/JPY hasn’t ranged too much in the past two years. However, Christmas is range break season and with the new free NickB method e-Book FINALLY complete (It is being proof read and then edited. It will be released late next week) it’s time for a range break video.
In the new free e-Book I discuss range breaks in detail. So lets call this video a primer on range breaks, enjoy:
This video was shot in 800×600 resolution as I wanted to get a big portion of the charts in the vid. The quality is horrible on the blog because it’s squashed. To view it at full resolution please download it to your desktop via the link below the video box:
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