Thanks I can relate to an entry after the doji that follows your entry at that line you added. THat's an interesting entry that you marked prior to that doji. It does exactly what we all love to see, it follows through to a profitable trade. What's at work on that chart at your entry point to signal a probable setup? 5 down bars?
Much of my trading is 1st determine an overall bias and short term bias for price. This can be related to news. Also, I use automatic indicators that I don't post in ET.
An always welcome hot tip was posted last friday by an ETer. Here's one way a technical trader can process the heads-ups that are deemed worthy of monitoring for possible action. There often occurs in the duration between the hot tip and the possible entry into the product of interest a signal entry trigger that may well be on the list of tested entries on a trader's trading plan. A Swing trader working a Daily chart could look at the top chart and make an End of day Go-No Go Decision based on their stats, etc, and still hold down that Day J-O-B. For you, there's a timely decision for you to make Tonight. Would you like some NVO? ymmv. An Intraday entry can be scouted out by use of a 30minute chart seen below the Day chart. ymmv Below: Hammer at Support Bigalow T-Line Trade Measured Move Trading the T-line - cut to the chase ... Stephen Bigalow https://elitetrader.com/et/threads/...t-right-here-baby.335635/page-15#post-5162295 https://elitetrader.com/et/threads/dests-overwrite-journal.359397/page-24#post-5421079