1. Use the 5 Minute Chart
2. Create the Trendline
3. Wait for the Trend to Break and DO NOT ENTER IMMEDIATELY
4. Draw a horizontal OVAL exactly where the trend broke
5. Enter with Stops and Let them play out
6. ONLY trade reversals in the same direction as the prevailing trend
-Uptrend? Only on red moves wait for 5 minute reversal the leads back to upside
-Downtrend? Only on green moves wait for the 5 minute to break back to the downside
Portfolio(s): Day Trading Momo,
Portfolio(s): Day Trading Momo,
Portfolio(s): Futures,
*Results are not typical and will vary from person to person. Making money trading stocks takes time, dedication, and hard work. There are inherent risks involved with investing in the stock market, including the loss of your investment. Past performance in the market is not indicative of future results. Any investment is at your own risk. Read More
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