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...
Great example of using the daily chart to find major levels, 10m (or your preferred shorter time frame to find intermediary levels) and then a low time frame to pinpoint your entry. I wish I traded this one better - I took it off way to soon but the market has just not given me follow through past my first target this week except for one big trade I had in AAPL...
This drug company sign agreement with another company for some kind of treatment for virus that is going global and also the daily and one and four hour chart is showing a nice trade set up for intra day long
There was a strong downtrend on EUR/USD on Friday. I used Volume Profile to identify the most significant volumes within this downtrend. From that, I was able to find strong resistance at 1.1111. Check out the video to see how exactly I did this!
Here is my second Idea for today.
Selling the EURCAD at the lower curve , short term selling on a lower time frame ( 15 min ). Intraday trade. Lower probability . I saw this and took the opportunity. Even IF I get stopped out, I only loss for 10 pip. which is worth $39 for a reward of $97. So its a 1:3 RR. For a short term , thats consider to be ok already. Im ok with the risk. But if the price...
Using a 2 min chart with only 28 pip risking 4 pip.
Bitcoin took a short dive, but it should go back up in a few days. This video shows the awesomeness of the zig zag indicator which I use in conjunction with the pivot hl indicator , which are awesome for swing or day traders like myself. It shows the price action probability for the following past days and next day projection. Its really awesome and I like it very...