DislikedTMS is trend trading. You need to know when there is as Trend and when the market is sideways and ranging. When you are in a Trend, that is when you must exploit and make more money with banked-in profits and "Let Profit Run". See the attach EJ chart and tell me what you see and why Candle D is the A+++ entry. {image}Ignored
I will give this a shot, do share with me and guide me in the right direction if my analysis is off.
The candle D is an A+++ entry because
1. because it was a breakout of the previous high which was candle B. and also a channel range
2. The TDI has crossed 50 which shows it is bullish
3. The Market Base Line is also pointing upwards which shows that the market is bullish
4. It broke the Volatility Bands to show that there was heavy momentum
5. There is a HL on the 3rd red candle after B
6. The candle D is above the 5 ema
7. The candle D is very bullish
8. TDI cross was quite big which indicates momentum
9. It also broke out of an symmetrical triangle
Do share with me your thoughts Thanks