Tag Archives: backeting

Bracketing The Market – Make Profits Either Way

Bracketing The Market – Make Profits Either Way

Bracketing The MarketBracketing is planning technique which plans for both Long and Short string opportunities in a market. There are situations in a market where it is not clear where it is heading to. It is in the middle of nowhere in sort of no man’s land. We do not have a clear indication hence no pre-planned bias on going Long or Short. In such scenarios, we can use Bracketing The Market technique.

We look for both long and short opportunities which are high probability in the market. Once the market gives a signal where it is heading we re-evaluate these planned trades to see if we can benefit from all of them or few need to be cancelled. After we have the clear signal we can also have smaller trading opportunities along the way.

For example: In this EURUSD market, we did not have a clear signal. The price was in the middle of the swing and the RSI was also at 50 level. So we planned for both Long and Short Opportunities.

Bracketing The Market - Make Profits Either Way Long OR Short
Bracketing The Market – Make Profits Either Way Long OR Short

Have a great trading time!

-TradeYodha

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