{"id":81289,"date":"2023-06-07T12:30:00","date_gmt":"2023-06-07T17:30:00","guid":{"rendered":"https:\/\/priceactiontradingsystem.com\/?p=81289"},"modified":"2026-08-07T20:50:49","modified_gmt":"2026-08-08T01:50:49","slug":"live-trade-example-06-07-2023","status":"publish","type":"post","link":"https:\/\/priceactiontradingsystem.com\/live-trade-example-06-07-2023\/","title":{"rendered":"Live Trade Example 06-07-2023"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">This is a live trade that I took this morning (June 7, 2023). I get a lot of questions about trading ranges, and the idea is to buy the lows and sell the highs of most ranges. If there are large enough trends between the highs and lows, you can also trade those trends. Generally, buying the lows and selling the highs is the best option if those highs and lows are consistent in turning prices each time prices approach those price levels. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Your best option is to wait on triple tests or higher lows for longs and lower highs for shorts. In this trade, I am a bit more aggressive and trade the first touch of the trend channel lows using a good signal bar on a 2nd entry long. A higher low printed shortly after my entry point, and it would have been a less risky play. Sometimes taking on a bit more risk will bring a better chance of a runner, so there are tradeoffs. Most traders new to chart reading and\/or our strategy would be better off waiting on the higher low in this instance. <\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio\"><div class=\"wp-block-embed__wrapper\">\n<iframe title=\"PATs - Live Trade Example - 06 - 07 - 2023\" width=\"500\" height=\"281\" src=\"https:\/\/www.youtube.com\/embed\/VTESrMtAIPQ?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe>\n<\/div><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>This is a live trade that I took this morning (June 7, 2023). I get a lot of questions about trading ranges, and the idea is to buy the lows and sell the highs of most ranges. If there are large enough trends between the highs and lows, you can also trade those trends. Generally, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":51832,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"pmpro_default_level":"","site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[90,1],"tags":[],"class_list":["post-81289","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-live-trades","category-all-articles-related-to-price-action-trading","pmpro-has-access"],"rttpg_featured_image_url":{"full":["https:\/\/priceactiontradingsystem.com\/wp-content\/uploads\/2020\/07\/Trading-Live.jpg",1512,798,false],"landscape":["https:\/\/priceactiontradingsystem.com\/wp-content\/uploads\/2020\/07\/Trading-Live.jpg",1512,798,false],"portraits":["https:\/\/priceactiontradingsystem.com\/wp-content\/uploads\/2020\/07\/Trading-Live.jpg",1512,798,false],"thumbnail":["https:\/\/priceactiontradingsystem.com\/wp-content\/uploads\/2020\/07\/Trading-Live-150x150.jpg",150,150,true],"medium":["https:\/\/priceactiontradingsystem.com\/wp-content\/uploads\/2020\/07\/Trading-Live-300x158.jpg",300,158,true],"large":["https:\/\/priceactiontradingsystem.com\/wp-content\/uploads\/2020\/07\/Trading-Live-1024x540.jpg",1024,540,true],"1536x1536":["https:\/\/priceactiontradingsystem.com\/wp-content\/uploads\/2020\/07\/Trading-Live.jpg",1512,798,false],"2048x2048":["https:\/\/priceactiontradingsystem.com\/wp-content\/uploads\/2020\/07\/Trading-Live.jpg",1512,798,false],"rt_custom":["https:\/\/priceactiontradingsystem.com\/wp-content\/uploads\/2020\/07\/Trading-Live.jpg",1512,798,false]},"rttpg_author":{"display_name":"Mack","author_link":"https:\/\/priceactiontradingsystem.com\/author\/mack\/"},"rttpg_comment":7,"rttpg_category":"<a href=\"https:\/\/priceactiontradingsystem.com\/category\/all-articles-related-to-price-action-trading\/live-trades\/\" rel=\"category tag\">Live Trades<\/a> <a href=\"https:\/\/priceactiontradingsystem.com\/category\/all-articles-related-to-price-action-trading\/\" rel=\"category tag\">Non Member Articles (Free)<\/a>","rttpg_excerpt":"This is a live trade that I took this morning (June 7, 2023). I get a lot of questions about trading ranges, and the idea is to buy the lows and sell the highs of most ranges. If there are large enough trends between the highs and lows, you can also trade those trends. Generally,&hellip;","_links":{"self":[{"href":"https:\/\/priceactiontradingsystem.com\/wp-json\/wp\/v2\/posts\/81289","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/priceactiontradingsystem.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/priceactiontradingsystem.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/priceactiontradingsystem.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/priceactiontradingsystem.com\/wp-json\/wp\/v2\/comments?post=81289"}],"version-history":[{"count":1,"href":"https:\/\/priceactiontradingsystem.com\/wp-json\/wp\/v2\/posts\/81289\/revisions"}],"predecessor-version":[{"id":101358,"href":"https:\/\/priceactiontradingsystem.com\/wp-json\/wp\/v2\/posts\/81289\/revisions\/101358"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/priceactiontradingsystem.com\/wp-json\/wp\/v2\/media\/51832"}],"wp:attachment":[{"href":"https:\/\/priceactiontradingsystem.com\/wp-json\/wp\/v2\/media?parent=81289"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/priceactiontradingsystem.com\/wp-json\/wp\/v2\/categories?post=81289"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/priceactiontradingsystem.com\/wp-json\/wp\/v2\/tags?post=81289"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}