for NinjaTrader® – Forget Squiggly Lines!
Continuation, SC, 2SP, SX, MC, fEB, BT, CXT, fL2, 1tF BT, H2, H4
the large OL just after the open probably acted as a FF
daily chart
Always In Long (AIL) since 03/29 – now over a month
failed EB for the bears and almost outside up
probably going higher, 3k here we come 🙂
Edit:
We’ve added the “Yesterday’s shallowest Trend Lines” indicator to our portfolio of free indicators.
Check out our free indicators section.
I always draw the shallowest trend lines from yesterday as part of my Pre-Open routine. Continue reading “Yesterday’s shallowest trend lines, be sure to draw them”
Continuation, mDB, bull CH, H3, DB, XT, HH MTR, fBO, MC, 1CHBO
The Reversal Signal Bars indicator, one of our Price Action Indicators, gave an IOI reversal signal pattern at the HOD.
daily chart
Always In Long (AIL) since 03/29 – now over a month
bulls tried for a FT bar after Friday’s BO bar, but today closed below HOY, a sign of weakness, we missed the bull target for a MM of the XT (MM of the last TR) by 2t
bear sold above the ATH and probably scaled-in
today is a SB for a WfBO (of the high of a TR) and a stop entry short
(a bull body though)
better call them Guidelines 🙂
The open starts with either a trend or a trading range.
Continue reading “The Open – Some General Rules”