This will take 8 minutes to learn so be ready.
8 set-ups for beginner and intermediate $SPY
Included charts & when to take enter the trade 👇
8 set-ups for beginner and intermediate $SPY
Included charts & when to take enter the trade 👇
Double Bottom
• Wait for the low of the day to be been created
• Then wait for the same low of day to be retested
• Watch sellers to decrease while buyers jump into buy
• Wait for the low of the day to be been created
• Then wait for the same low of day to be retested
• Watch sellers to decrease while buyers jump into buy
VWAP Breakout on a Red Day
• The $SPY is trading weak or on a down day
• In the morning the VWAP acts as resistance
• After 2pm watch for the VWAP to break for a good entry
• Watch for volume to come into this breakout
• The $SPY is trading weak or on a down day
• In the morning the VWAP acts as resistance
• After 2pm watch for the VWAP to break for a good entry
• Watch for volume to come into this breakout
9:30am VWAP Entry
• The market opens and consolidates
• The sell off is weak and you can tell on the low volume
• As soon as buyers start to break above the VWAP then you can take your entry
• This one is best to watch on 5 min time frame and requires more practice to do
• The market opens and consolidates
• The sell off is weak and you can tell on the low volume
• As soon as buyers start to break above the VWAP then you can take your entry
• This one is best to watch on 5 min time frame and requires more practice to do
Trend break with Volume confirmation
• The more times a trend has been tested the bigger breakout
• Watch for volume to come in to confirm buyers are stepping into market
• This one requires patience and watching closely for buyers to break trend
• The more times a trend has been tested the bigger breakout
• Watch for volume to come in to confirm buyers are stepping into market
• This one requires patience and watching closely for buyers to break trend
Opening Range Breakdown
• Market opens wait for a clear range to be formed both the top and bottom.
• As soon as the bottom or low of day is broken then you can take entry
• The big confirmation is watching the selling pressure start to increase into the support level
• Market opens wait for a clear range to be formed both the top and bottom.
• As soon as the bottom or low of day is broken then you can take entry
• The big confirmation is watching the selling pressure start to increase into the support level
Opening Range Breakout
• Market opens wait for a clear range to be formed both the top and bottom.
• As soon as the resistance or high of day is broken then you can take entry
• The big confirmation is watching the buying pressure start to increase towards the resistance
• Market opens wait for a clear range to be formed both the top and bottom.
• As soon as the resistance or high of day is broken then you can take entry
• The big confirmation is watching the buying pressure start to increase towards the resistance
To be part of my risk management series where I review how to protect your capital and price targets
1) Follow me @SuperLuckeee
2) Retweet & LIKE 💕this thread
1) Follow me @SuperLuckeee
2) Retweet & LIKE 💕this thread
Bearish Divergence
• If the price keeps going up you can see ahead of time that is getting weak
• Watch the RSI to go down or the opposite direction showing momentum is slowing
• This means a reversal is coming most likely
• If the price keeps going up you can see ahead of time that is getting weak
• Watch the RSI to go down or the opposite direction showing momentum is slowing
• This means a reversal is coming most likely
$SPY times
• The best times to trade $SPY is from 930am - 11am
• The best time to watch for big reversals happen after 2pm
• Strong moves at close happen after 3:30pm
• Volume starts to pick up from 3:00 to 4:00pm
• The best times to trade $SPY is from 930am - 11am
• The best time to watch for big reversals happen after 2pm
• Strong moves at close happen after 3:30pm
• Volume starts to pick up from 3:00 to 4:00pm
If this was helpful for you! Please share this content with others
• If you want to be part of our next threads where we break down the financial analysis and earnings
comment "educate" then we will make a thread for it.
• If you want to be part of our next threads where we break down the financial analysis and earnings
comment "educate" then we will make a thread for it.
جاري تحميل الاقتراحات...