I normally plot my trend lines on the 5 minute chart, then when looking for potential trade entries, I will look for reversals on the 1 minute chart. Here’s a great vid that taught me a lot about trend line trading! https://t.co/Cr5RWsTepk
Here are the 5 things I look for before entering a trade on $SPY 🧵
I normally plot my trend lines on the 5 minute chart, then when looking for potential trade entries, I will look for reversals on the 1 minute chart. Here’s a great vid that taught me a lot about trend line trading! https://t.co/Cr5RWsTepk
Next I look for a cross in the 9 and 21 EMA’s. Moving averages are commonly used as a tool for traders to identify key areas of support in an uptrend or downtrend. As a result, when the 9 EMA crosses the 21 EMA, this indicates a potential-
-reversal, alerting me of a possible trade entry. Remember there are other key components to my trading strategy that must be checked off before entering a trade! Here is a great video explaining this strategy: https://t.co/nD7DBfJVKS
This is one of the first tools and new ray trader should learn as it can be used with practically every trading strategy. In a nutshell, support is an area where a downtrend in price is expected to reverse and resistance is an area where-
-an uptrend in price is expected to reverse. I commonly use these areas with my strategy to add that extra layer of confluence. Here’s a video on supper and resistance! https://t.co/7ppP5SzqLU
The volume oscillator is a crucial tool used in my trading strategy as it confirms the validity of a reversal / trend. For example, if high volume is present in a downtrend that is considered a valid trend.
Meanwhile when low volume is present in the same trend, it’s considered in valid. I always make sure the reversal is a valid trend before entering my trades. Here is an article on using the volume oscillator: https://t.co/rTTpajuHlf
The final thing I look at before entering a trade is price action in the form of candlesticks. This is a vast topic so I’ll link a really detailed video that helped me understand this aspect of trading: https://t.co/zROBVmcu4G
Here’s a bonus strategy! I do not implement it into my day to day trades although when the opportunity presents itself, it’s definitely a very helpful tool. Here’s a video on supply and demand: https://t.co/g0I5Oqy17X @ShinobiSignals
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A thread 🧵
1) Learn Anything - Search tools for knowledge discovery that helps you understand any topic through the most efficient
2) Grad Speeches - Discover the best commencement speeches.
This website is made by me
3) What does the Internet Think - Find out what the internet thinks about anything
4) https://t.co/vuhT6jVItx - Send notes that will self-destruct after being read.
"I lied about my basic beliefs in order to keep a prestigious job. Now that it will be zero-cost to me, I have a few things to say."
We know that elite institutions like the one Flier was in (partial) charge of rely on irrelevant status markers like private school education, whiteness, legacy, and ability to charm an old white guy at an interview.
Harvard's discriminatory policies are becoming increasingly well known, across the political spectrum (see, e.g., the recent lawsuit on discrimination against East Asian applications.)
It's refreshing to hear a senior administrator admits to personally opposing policies that attempt to remedy these basic flaws. These are flaws that harm his institution's ability to do cutting-edge research and to serve the public.
Harvard is being eclipsed by institutions that have different ideas about how to run a 21st Century institution. Stanford, for one; the UC system; the "public Ivys".
As a dean of a major academic institution, I could not have said this. But I will now. Requiring such statements in applications for appointments and promotions is an affront to academic freedom, and diminishes the true value of diversity, equity of inclusion by trivializing it. https://t.co/NfcI5VLODi
— Jeffrey Flier (@jflier) November 10, 2018
We know that elite institutions like the one Flier was in (partial) charge of rely on irrelevant status markers like private school education, whiteness, legacy, and ability to charm an old white guy at an interview.
Harvard's discriminatory policies are becoming increasingly well known, across the political spectrum (see, e.g., the recent lawsuit on discrimination against East Asian applications.)
It's refreshing to hear a senior administrator admits to personally opposing policies that attempt to remedy these basic flaws. These are flaws that harm his institution's ability to do cutting-edge research and to serve the public.
Harvard is being eclipsed by institutions that have different ideas about how to run a 21st Century institution. Stanford, for one; the UC system; the "public Ivys".