just read your blog for the first time and try to understand your methodology. Obviously what I couldn´t figure out was how you arrive at the values for the red and green lines ? Can you share this ?
Susn- if by values you mean prices, it is what the market and stock momentum tells he is a either a safe place to get in or a good place to take $ and exit. I don't pay attention to prior support/ resistance levels because these days so many have been bypassed. I pay attention to intraday sup/rez levels though as that is what is happening in the current moment.
I will endeavor to post charts showing my daily trading activities in as real time as possible. However when there are fast market conditions there will be several minutes delay while I sort out my positions, then get around to posting the changes here. I trade off 5 minute charts in conjunction with 15 min. charts and pay close attention to 5 min. charts of the S&P 500 and QQQQ.
2 comments:
hello there,
great work and P&L
just read your blog for the first time and try to understand your methodology.
Obviously what I couldn´t figure out
was how you arrive at the values for the red and green lines ?
Can you share this ?
regards
Susn
Susn- if by values you mean prices, it is what the market and stock momentum tells he is a either a safe place to get in or a good place to take $ and exit. I don't pay attention to prior support/ resistance levels because these days so many have been bypassed. I pay attention to intraday sup/rez levels though as that is what is happening in the current moment.
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