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Tight Trading Range, limit order market, bad for scalping with stop orders. Most traders should wait. Also be aware that TTR late in trend can be possible [[FF]], example: [[20230216]]. | Tight Trading Range, limit order market, bad for scalping with stop orders. Most traders should wait. Also be aware that TTR late in trend can be possible [[FF]], ''especially when the TTR is oscillating around EMA, indicating EMA being strong magnet'', example: [[20230216]]. | ||
''Usually if the bars are small and tends to reverse every 2 or 3 bars, and last more than 10 bars, i.e. market is taking longer time than a [[TBTL]] correction to consolidate, it can be considered in TTR. Note that sometime the bars can be big, however if they still reverse every 2 or 3 bars, the behavior is essentially still TTR, for e.g. the TR open on [[20221115]].'' | ''Usually if the bars are small and tends to reverse every 2 or 3 bars, and last more than 10 bars, i.e. market is taking longer time than a [[TBTL]] correction to consolidate, it can be considered in TTR. Note that sometime the bars can be big, however if they still reverse every 2 or 3 bars, the behavior is essentially still TTR, for e.g. the TR open on [[20221115]].'' | ||
[[Category:Trading Range]] | [[Category:Trading Range]] | ||