This video is to help you understand the continued initiation of the Vortex Rally phase and how today's BaseRally301 pattern will play out.
Within this video, I cover the SPY, QQQ, Gold, & BTCUSD.
This should really give you a solid primer as to what I expect the SPY to do today and why I'm waiting for the first 30 to 60+ minutes to play out before looking for any trades.
I expect the SPY to move in a consolidated downward price trend for the first 30-60+ min, then start to move into the rally phase.
Plan your trade. Remember to use the allocation model I shared with everyone yesterday.
A. Pick your Entry Price
B. Pick your Stop Level
C. The difference between your Entry Price and Stop Level becomes your RISK FACTOR (say $2).
D. Pick how much you are willing to RISK AMOUNT on this trade (say $500)
E. Divide Your Risk Amount (D) by the Risk Factor (C): 500 / 2 = 250. You are only allowed to trade 250 shares (or less) to maintain your risk containment levels.
It is pretty simple once you get used to this structure.
Get Some.
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
Within this video, I cover the SPY, QQQ, Gold, & BTCUSD.
This should really give you a solid primer as to what I expect the SPY to do today and why I'm waiting for the first 30 to 60+ minutes to play out before looking for any trades.
I expect the SPY to move in a consolidated downward price trend for the first 30-60+ min, then start to move into the rally phase.
Plan your trade. Remember to use the allocation model I shared with everyone yesterday.
A. Pick your Entry Price
B. Pick your Stop Level
C. The difference between your Entry Price and Stop Level becomes your RISK FACTOR (say $2).
D. Pick how much you are willing to RISK AMOUNT on this trade (say $500)
E. Divide Your Risk Amount (D) by the Risk Factor (C): 500 / 2 = 250. You are only allowed to trade 250 shares (or less) to maintain your risk containment levels.
It is pretty simple once you get used to this structure.
Get Some.
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
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İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Love My Videos/Research - GET MORE..
-- Special TradingView Tools
-- Automated Trading Systems
-- Proprietary Algos/Signals
-- More..
Join Ment.com Expert Growth Today
Get Some.
-- Special TradingView Tools
-- Automated Trading Systems
-- Proprietary Algos/Signals
-- More..
Join Ment.com Expert Growth Today
Get Some.
İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.