THE RED TO GREEN AND GREEN TO RED ENTRY STRATEGY
Hi guys
made 2 good trades using this strategy for my entries
- plot the daily open line on your charts and previous day close
- base your entries using the break of the daily open line
- use this strategy with other indicators :
ex for me i use VWAP, 9 EMA 5min and pattern such as flag or triangle to time my entries intraday
the best situation is when you have some consolidation at the daily open line level on the 5 min time frame or lower before entering the trade so it defines a clear stop zone before you take the trade
have a good one
made 2 good trades using this strategy for my entries
- plot the daily open line on your charts and previous day close
- base your entries using the break of the daily open line
- use this strategy with other indicators :
ex for me i use VWAP, 9 EMA 5min and pattern such as flag or triangle to time my entries intraday
the best situation is when you have some consolidation at the daily open line level on the 5 min time frame or lower before entering the trade so it defines a clear stop zone before you take the trade
have a good one