Planning intraday trade in $AAPL night before - KNOW THE DAILY!!
This is a great example of how keeping certain things on watch and just taking 30-60 seconds each day to glance at and mark the daily chart can help you find intraday setups (with the initial levels coming from the daily chart).
I don't know for sure as I keep this chart on watch so I'm always familiar with the levels... but I truly believe IF I DIDN'T know this chart well and just glanced at it while intraday scanning... I don't think I would see the setup in time to trade it.
Yes - it takes extra work to keep high beta names and in play names on a separate watch list... they aren't "exciting"... but just 30 seconds to look at the chart each day can really pay when the stars align and they present a clean setup.
xeenos trading - sending positive energy to all those watching
I don't know for sure as I keep this chart on watch so I'm always familiar with the levels... but I truly believe IF I DIDN'T know this chart well and just glanced at it while intraday scanning... I don't think I would see the setup in time to trade it.
Yes - it takes extra work to keep high beta names and in play names on a separate watch list... they aren't "exciting"... but just 30 seconds to look at the chart each day can really pay when the stars align and they present a clean setup.
xeenos trading - sending positive energy to all those watching