for NinjaTrader® – Forget Squiggly Lines!
A Wedge reversal (three or four pushes each with a new extreme) forming at the top or bottom of a trend is probably the most successful setup for a swing trade.
The most crucial prerequisite for a Wedge reversal is a clear trend channel line overshoot and in particular a second overshoot.
Other strengtheners / requirements are: Continue reading “Trade the 1st Pullback after a Wedge – the W1P!”
Bull gap, mid range, Opening Range, bear CH, mDT, L2, L3, TCLOS, DB, 1W, DT, 2E, HL MTR, fBO, mW
again very nice PA around the open
daily chart
Always In Short (AIS) since 08/23
Failed Entry Bar for yesterday’s bull Inside Bar
Bar 1 is the Opening Range
we get a couple of failed breakouts (magenta markers) above and below
the Opening Range becomes larger each time
until the 1st successful breakout (BO + FT) below the 60 min bar
Continuation, Opening Range, shallowest trend lines from yesterday, fBO, DT, DP, DB, L2, WfBO, TCLOS, mDB, BP, BT
TR day, but nice range
daily chart
Always In Short (AIS) since 08/14
Double Bottom with the low of last week, an okay Signal Bar for the bulls
probably buyers above
Bull gap, above HOY, bull CH, 1CHBO, 1W, mW, fH2, LH MTR, fBO, TCL OS
some double top price action, a small trading range day
daily chart
Always In Long (AIL) since 01/04
bulls have a 2nd closed above the 62% retrace of last year’s sell-off (2720), follow through bar for the bulls
bears are still at the skiing resort 😉
Continuation, OR, mDT, bear MC, 1TL, 1CHBO, SC, CXT, TCLOS
b1 is a misplaced RVB (mid range), it is the Opening Range
FOMC report
daily chart
FT for Y bull BO bar, but a TR bar, right at resistance (bear TL, LH)
EMA Gap (Brooks) bar for the bears
