Measuring and trade planning
Price range and date range
Two quick measuring tools: the price range shows the distance between two prices (and in percent), the date range shows the number of candles and the time between two points.
Die Idee in einfachen Worten
Often you only need one dimension: how tall a range is (for a breakout target), or how long a pattern or a pause has lasted.
So wird gerechnet
Click a start and an end point. The price range shades the band between the two prices across the chart; the date range shades the period between the two times.
Price range = end price − start price (and ÷ start price × 100 in percent)
Date range = candles and time between the two pointsAnwendung
- Measure a trading range to project a breakout target (the range's height added to the breakout level).
- Compare how long consolidations lasted before earlier breakouts.
Schlüsse ziehen
- A breakout from a range often travels about the height of the range.
Beispiel
A range in GBPUSD from 1.2650 to 1.2800 is 150 pips tall; a close above 1.2800 projects to about 1.2950.
Kurse in Beispielen dienen der Veranschaulichung.
Worauf man achten sollte
- Measured moves are a rule of thumb, not a promise.
Ein wenig Geschichte
Basic measuring tools found in every charting platform.
Nur Bildungsinhalte. Kein Indikator und kein Muster sagt die Zukunft voraus, und nichts hier ist eine Anlageberatung.