The asset chops between two clear levels for an extended stretch. Buy one side, sell the other, no hero trades.
“Every range ends eventually. Get out the instant it breaks instead of hoping it holds one more time.”Jason Parker · Founder
An asset chops between a clear support and resistance level for an extended stretch, sometimes all session. Buy near support, sell near resistance, and get out the instant the range breaks instead of hoping it holds one more time. This is the least glamorous setup on this page and probably the highest win-rate one, right up until the range ends.
| Entry | At the range boundary, confirmed by a rejection candle, not a blind limit order |
| Exit | The opposite boundary, taken in full, this setup doesn't reward greed |
| Stop | A small distance beyond the boundary, since a genuine breakout should move fast once it starts |
An illustrative example built to show the setup’s shape. Not historical price data, and not tied to any specific ticker.
The range breaks and you keep trading it like it didn't. Every range ends eventually, and the traders who lose the most on this setup are the ones still buying "support" three ticks after it stopped being support.
None of this works without the framework underneath it. Read risk management next, or run your own numbers in the position-size calculator.
Common questions about trading this setup, answered straight.
Entry comes at the range boundary, confirmed by a rejection candle, not a blind limit order.
The stop sits a small distance beyond the boundary, since a genuine breakout should move fast once it starts. The target is the opposite boundary, taken in full.
Trading the range after it's already broken. Every range ends eventually, and the biggest losses come from still buying "support" a few ticks after it stopped being support.