About this image :-
In this image you can see that a range is form and after a long time this stock gain more than 18% in one day so in this post we talk about how to find this type of stock for trading.
Welcome to this now keep learning and careful learning.
What is range in trading :-
When price start consolidation and after some time consolidation price make a box like pattern that is called range in trading.
In trading may be range is big or small that is depend upon your time frame. If you are using big time frame so your range is for long time. This time frame is mainly use for swim trading and investment.
This is called range in trading and if you want to learn about this range than you can learn or read our whole post.
What is box pattern in trading :-
When price is consolidating and this time form a range and this range shape like a box. So this range is called box pattern in trading.
In the trading the box pattern is mainly use for identify market and trade like that you can see our post image you can see a pattern form in box pattern and price will increase more than 18% in one day.
This is called box pattern in trading and using box pattern you can make profit and also using box pattern you can plan your trade and take entry on right time.
How to find this type of range :-
If you want to find this type of range than you can follow these steps :-
The first step is open your top 500 stock list from your index.
The second step is start scanning your stocks and find range.
The third step is when any range is form than mark that stock.
The fourth step is open all marked stocks and see careful.
The fifth step is wait for any movement if any big movement is take place than wait for trap.
This way you can find this type of range but this way only find your stock you can’t trade if you want to trade than you can learn our next title.
What is the pattern for this type of trading :-
In this pattern the main thing is range and box. When any box and range is form than I have to mark that stock and wait for any big movement or price action.
When any big movement is take place than this is good for your trade because you can justify using this big movement when we have to buy or when we have to sell.
So, finally our main pattern is focus on range and when we get range than wait for any candlesticks or big movement like that our post image stock today give more than 18% in one day.
How to find pattern :-
There are lots of method to find pattern but in this post we talk about some different method so our first step is open your top 500 stock list from your index.
The second step is start scanning these chart and see which stock form range or box pattern but when you finding stock that time you have to see also volume as well as big candle.
The third step is mark your those stock which is forming range and see daily and wait for any price action or candle sticks and also wait for big movement.
If big movement is take place than using this big movement you can plan your trade if this big movement is trap than you can sell in intraday using price action.
If this big movement is true than volume is good as well as making bullish candle sticks and in intraday making any bullish chart pattern than you can buy this stocks using price action.
This way you can easily find pattern and also using this method you can plan your trade but if you want to trade using this pattern than you can read our next title.
How to conform this pattern is working or not ?
Here, if you want to conform this pattern is working or not than you can use some indicator and also price action like candle stick pattern.
In indicator you can use volume and also use some indicator like RSI, Moving average, ADX, and also you can take help some drawing as well as some pattern.
But finally, The main method is to conform this pattern is working or not which is only price action, candlesticks, chart pattern and volume and also candle strength.
With the help of these you can easily conform this pattern is working or not and it is a trap or not but the main thing is use if you don’t know how to use these than you can’t identify.
What is volume in trading :-
In trading the volume shows that quantity of buy and sell that means how may buyers in market and how many sellers in market with the help of volume you can easily identify.
Using volume you can also plan your trade as well as you can know strength of market which one is more active in market.
What is the importance of volume in trading :-
The main importance of volume is find trap or identify buyer is more active or seller is more active. Using buyer or seller you can know market strength.
If volume is low and price is going towards high than warning for you because after some may be coming fall because volume is low.
If volume is high and price is not going towards high firstly than again see your chart pattern and candlesticks and if any bullish pattern is marking chart than may be price will increase.
So, these are some importance of volume in trading if you learn these things than you can easily make profit as well as you can easily identify trap in trading.
Learning of this post :-
There are lots of learning of this post like that :-
The first learning is what is range in trading.
The second learning is what is box pattern in trading.
The third learning is what is the pattern for this type of trading.
The fourth learning is how to find this type of range.
The fifth learning is how to find pattern.
The sixth learning is how to conform this pattern is working or not.
The seventh learning is what is volume in trading.
The eight learning is what is the importance of volume in trading.
These are some learning of this post if you want to learn these things than you can use these title for learning and try to learn all things because these all are very important for trading.
