Usually I enter prior a trendline break below a red bar for short entries and above a blue bar for longs.
In certain situations the trendline on the 3 min chart break can be "predicted", allowing me to get into a new trend rather than riding the old one. Those situations are:
- Historical reversal times
- Dopple tops and bottoms
For re-entry trades I normaly use a trendline break on the 1 min chart, but also double bottoms on a potential relativ low and trendline breaks on 30 sec charts if there can be a trendline drawn and there is prior support.
Important is the potential, so if the price is above the 200 EMA its obviously better to short, but also the other entry rules (50-61,8% retracements), historical turning point can help to get in prior to a trend line break or after the break at a much lower risk.
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