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  <title>BullCharts : Ranging Stocks</title>
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   <title>Ranging Stocks : Swing Traders, of which I am one,...</title>
   <link>http://www.bullcharts.com.au/forum/forum_posts.asp?TID=153&amp;PID=598#598</link>
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    <![CDATA[<strong>Author:</strong> <a href="http://www.bullcharts.com.au/forum/member_profile.asp?PF=25" rel="nofollow">SimonSavva</a><br /><strong>Subject:</strong> 153<br /><strong>Posted:</strong> 05&nbsp;Mar&nbsp;2005 at 7:35pm<br /><br /><P>Swing Traders, of which I am one, will enter on any market. </P><P>In a ranging market&nbsp;I would enter close to bottom of the range, and typically I will hope for a breakout out and over the top of the range, I will exit if this range is not broken, close to resistance. If indeed the top of the range breaks, I may adopt a more Position Trading style of trade, and perhaps add to the position on a retracement. Its all about risk however, and I may simply decide to exit when the momentum is finished for that move.</P><P>Swing Traders will often trade each swing upward in a bullish environment where the instrument is making consistent higher lows, and will&nbsp;ignore going short on the downswings.</P><P>Position Traders adopt a similar strategy, except they do not exit the original position, instead they keep adding using the profit to buy more - in fact it is exactly this mentality, magnified by the heard with the big $$$,&nbsp;that creates a consistent uptrend over time.</P><P>In a bullish market, a stock that&nbsp;ranges&nbsp;for too long implies lack of strength.</P><P>For positions lasting 3 days to two weeks I would highly recommend trading in the direction of the trend, preferably at retracement levels.</P><P>Common patterns occuring at the bottom of ranges, and at retracement levels are doji's, hammers, and three bar reversals - scan on them, it may help</P><P>-SS</P>]]>
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   <pubDate>Sat, 05 Mar 2005 19:35:37 +0000</pubDate>
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   <title>Ranging Stocks : I think I understand the differences...</title>
   <link>http://www.bullcharts.com.au/forum/forum_posts.asp?TID=153&amp;PID=544#544</link>
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    <![CDATA[<strong>Author:</strong> <a href="http://www.bullcharts.com.au/forum/member_profile.asp?PF=53" rel="nofollow">etrader</a><br /><strong>Subject:</strong> 153<br /><strong>Posted:</strong> 26&nbsp;Feb&nbsp;2005 at 8:54pm<br /><br /><P>I think I understand the differences between Trending and Ranging trades/stocks OK, but find it difficult identifying or scanning for these ranging type stocks out of 2000 stocks.</P><P>Range trading is for Swing Traders &#091;please correct me if I am wrong&#093; and I am just trying to feel whether this type of trading would be suitable for me at 3-5 days or slightly longer ?? </P><P>I do understand that I would be using oscillator indicators to help identify my entry and exit points once i have a selection of stocks.</P><P>so if anyone can help on what <strong><U>scans</U></strong> I could use to assist in finding&nbsp;these type stocks it would be a great help and much appreciated.</P><P>&nbsp;</P>]]>
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   <pubDate>Sat, 26 Feb 2005 20:54:50 +0000</pubDate>
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