Every investor they have their own checklist before putting an order in for buy or sell but this is for me which work with a high percentage
but stop-loss still important for safety or for less risk management, I will not put order buy until everything happened in my checklist
1. Acceleration Far From EMA-20
2. Ending Bar Volume Spike/ (Reversing)
3. First Higher-Low After-Touch EMA-20
4. Break Trendline
5. Above The EMA-20
6. Higher-High
7. High-Low The 2nd
order buy above resistant is because we need that break out happen for short-term or longterm bullish
we don’t want to be trapped by bullish traps or whale games
but stop-loss still important for safety or for less risk management, I will not put order buy until everything happened in my checklist
1. Acceleration Far From EMA-20
2. Ending Bar Volume Spike/ (Reversing)
3. First Higher-Low After-Touch EMA-20
4. Break Trendline
5. Above The EMA-20
6. Higher-High
7. High-Low The 2nd
order buy above resistant is because we need that break out happen for short-term or longterm bullish
we don’t want to be trapped by bullish traps or whale games