#tradingtips
In any Trade
If you are Long- Support is your risk
If you are Short - Resistance is you risk
Trendlines, EMAs can also act as support/resistance
Start finding this pivots, not a rocket science!
Find where price has bounced or rejected for more than once!!
#tradingtips
How to confirm Swing Breakout:
You want to see High Vol day on day of resistance break and then you want to see at least close over that key level (close higher better)
Next day Higher open or if sells , quick reclaim or break of previous day high confirms.
Cant repeat it enough, what ever you Day Trade!
Daily /Weekly Resistances/Support are MOST important.
Focus on them, big moves happen when key pivots break! Bigger the timeframe , bigger the move!
U see my everyday playing these levels with success.
#tradingtips
#tradingtips#investing#growth#howtoenter
A growth Company with smaller cap/float, SP will keep going as revenues, sales, EPS y/y keep going. Market Cap and Price Can keep going
No magic; simple way to enter on breakout and bases, all follow same path👇👇
#tradingtips#pullbacks
Understanding that pullbacks are opportunities to add on an uptrend is very important.
Amateurs Panic on Pullbacks, Pros Add on Pullbacks
Use EMA pullbacks, Trend line pullbacks, Support pullbacks, Breakout Retests
This is true for a swing or day trade
#tradingtips#WhereToRisk
Closer to Support you Long better risk reward
Close to Resistance you Short better risk reward
Find key levels to Risk OFF use:
✔️Use EMA ,
✔️Trend line,
✔️Support/Resistance,
✔️Breakout Levels etc
✔️1 Hr, Daily,Weekly Range
For a swing /day trade