Put aside the tapering and my strategy and algorithms altogether - If I only traded supply and demand and support and resistance levels - this would be a level I would buy! Obviously we have to be more specific than just '"buy" and that's where what I do comes very much in handy in determining WHEN to buy!
In this case, since we already profited and are still working a position from before the pop last week, I will be playing this trade a bit differently as I have the opportunity to add new runners to an already long term position.
If we do see orange activated and respected, we will look for confirmation, and expect a play to the high $60's where we can take profits and continue to work and build our position.
Also - if anyone trades without volume on their chart - Don't. It's one of the two constants that everyone sees. Volume & Price - start to incorporate it as much as possible in all time frames as it gives great indications to intention and true levels of s&R
Hope this was helpful
Happy Trading :)
In this case, since we already profited and are still working a position from before the pop last week, I will be playing this trade a bit differently as I have the opportunity to add new runners to an already long term position.
If we do see orange activated and respected, we will look for confirmation, and expect a play to the high $60's where we can take profits and continue to work and build our position.
Also - if anyone trades without volume on their chart - Don't. It's one of the two constants that everyone sees. Volume & Price - start to incorporate it as much as possible in all time frames as it gives great indications to intention and true levels of s&R
Hope this was helpful
Happy Trading :)
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betweenthetrades.substack.com
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면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
Weekly 'In the Trades' Newsletter - My favorite tradable setups right to your inbox!
betweenthetrades.substack.com
betweenthetrades.substack.com
관련 발행물
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.