- Before open, draw support and resistance lines. These are at AH high, AH low, PM high and PM low.
- Decide price range boxes I will enter, and stop loss at.
- Enter if MACD is trending up above its zero line (bullish momentum) + EMAs are trending up (price bouncing off 10, over the 20, both over the 50)
- Soft rule: Check market trend before entering
- Soft rule: Wait until the first 20 minutes passes
- Soft rule: Avoid Fridays, especially on options expiration week
Before open, draw support and resistance lines. These are at AH high, AH low, PM high and PM low. Decide price range boxes I will enter, and stop loss at. Enter if MACD is trending up above its zero line (bullish momentum) + EMAs are trending up (price bouncing off 10, over the 20, both…
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