I like dip buying I'm hopeless at buying breakouts. I trade the first 30 minutes of the day and try to buy the first or second dip on the 1 minute chart.
@Henry263 I look at multiple time frames like 1, 5, 30 days and 1 year. But I focus more on intraday pre-mkt support and resistance after I've aligned it with other time frames. If you look at my last trade post on $IMMU, it was at all-times so I had no daily chart to align it with so I use the pre-mkt chart to find support and resistance and bought the first dip and 2nd break at the open.
I like dip buying I'm hopeless at buying breakouts. I trade the first 30 minutes of the day and try to buy the first or second dip on the 1 minute chart.
Thanks for Sharing this. How do you identify the candle for dip buying? You are looking one day before and then decide or how?
@Henry263 I look at multiple time frames like 1, 5, 30 days and 1 year. But I focus more on intraday pre-mkt support and resistance after I've aligned it with other time frames. If you look at my last trade post on $IMMU, it was at all-times so I had no daily chart to align it with so I use the pre-mkt chart to find support and resistance and bought the first dip and 2nd break at the open.
@Henry263 Sorry I meant the stock was at all-time highs so there was no support and resistance to look at on the daily.
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