Received 70 Karmas
Sarnaud1205
Sarnaud1205 Aug 27, 23 4:16 PM

For turns on intraday price action if you're looking to go for a directional trade opportunity (based on big picture daily chart) don't focus on LVL2 instead focus on the chart and allow time for chart to set up a good risk area for you to use for your long or short idea. Don't try being first to make the trade, focus on risk management first. Thanks for your time, education, and wisdom Grittani!!!

Anita67
Anita67 Aug 10, 24 10:23 AM

Thank you, Tim, Great explanation on not chasing the morning spikes but waiting for consolidation and then a secondary breakout on the intraday level for trading multiday/week/month setup on the frontside of the move, giving you a better idea of the direction and risk level. Pay attention to where stock came from and how it got there.

jimbocoy1
jimbocoy1 Dec 16, 24 5:35 AM

Number 66 of past Grittani webbys done, thanks Tim.

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