MNQ Chart Thread, page-111

@longwalker

Great question. It really depends on the strategy of the trader.. but most would be looking for volume signals therefore will often enter where the yellow arrows are

For me i am more familiar with the general trading patterns of this stock and have mapped out my strategy last night on what to do on my signals and in this case look for the no supply zone. Noticed that no one is really interested in selling for 2.5 so took a punt with my charts at 2.6 with a tight stop.Today played out perfectly the way i hope it would so therefore wasn't much sweat to it.

For uptrending stocks like this, i agree with you on the hold and wait which is why i had a ST parcel in from 1.1 & 1.2 which i still hold half of and it nearly 3 bagged. DT is more of the additional income for me


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