"We have tested every system under the sun and amazingly, we have found one that actually works well. It is a very good system, but for obvious reasons, I can't tell you much more about it. The basic premise of the system is that market move sharply, when they move. If there is a sudden range expansion in a market that has been trading narrowly, human nature is to try to fade that price move. When you get a range expansion, the market is sending you a very loud, clear signal that the market is getting ready to move in the direction of that expansion." - Paul Tudor Jones
Paul Tudor Jones is worth about 4.2 billion and he has made that fortune trading and running a hedge fund, so he knows what he is talking about.
It immediately gives you two directions to focus on . Find stocks which are currently having range contraction zone (RCZ) and everyday look at stocks that are having range expansion after RCZ.
Paul Tudor Jones is worth about 4.2 billion and he has made that fortune trading and running a hedge fund, so he knows what he is talking about.
What does he say, he says look for sudden range expansion from a range contraction zone (RCZ) , when that happens market is likely to move in that range expansion direction.
It immediately gives you two directions to focus on . Find stocks which are currently having range contraction zone (RCZ) and everyday look at stocks that are having range expansion after RCZ.
Think about this. If you want to make money trading he has given you a clear setup idea. And it is worth billions in the hands of smart trader.
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