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Tight Trading Range, limit order market, bad for scalping with stop orders. Most traders should wait. ''Usually if the bars are small and tends to reverse every 2 or 3 bars, and last more than 10 bars, i.e. it takes the market longer time to consolidate than a [[TBTL]] correction, | Tight Trading Range, limit order market, bad for scalping with stop orders. Most traders should wait. ''Usually if the bars are small and tends to reverse every 2 or 3 bars, and last more than 10 bars, i.e. it takes the market longer time to consolidate than a [[TBTL]] correction, 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]] |