Precision Trading Volume 3

Saturday, April 26, 2014 12:10 PM

USD/CHF is the king of volatility when it comes to pairs.

It is not necessary to have a directional premise 100% of the time.
70% of the time the markets are in a trading range.
In the image below, as the market begins to move outside of the range high, it has a 70% chance of failure to
move to new highs and continue on higher. It returns back inside the range.

You can use order blocks in the opposite direction than your trade for profit objectives.
The probabilities of trading in the middle of a range are much lower than trading at the extreme's of the range.
90% of your trades should be taken around the extreme sides of the range.
When we look at price, we want to find out where we are in the trading range.