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Now that the criterias are in place, I will put it to the test by paper trading and/or putting some real money on the line. Please do your own Due Diligence. I'm here to learn and to get inputs from more Elite Traders.

Another Strategy I'm refining is the Momentum low entry. Criteria: Active in pre-market At least 20% below the open Tanked Volume at least 100,000 shares Momentum low(panic selling/volume capitulation) at the end of the 1 minute move (after it tanked) near support. Support that...

Sorry, I don't. Hopefully someone esle knows and will enlighten both of us.

Generally if I wait for all timeframes to point up, I would be trading with: level 2, Time and Sales, 1 minute, and 5 minutes = AX,Market Makers,Scalpers,Day traders 15 minutes/60 minutes = Institutional Traders, Swing Traders Daily/Weekly/Monthly = Investors, Long term holders I...

On pullback, it would be nice to see the bid refreshing 100 shares. Bid and ask locking near the 0.618 fibonacci retracement. Green prints filling the tape (better if blocks are coming in). Level 2 moving counterclockwise (better if there's a green print executed higher than the best offer).

I decided to open this thread to get ideas from other traders while refining this strategy. I currently use the open price signal as my leading indicator. I combine this with price action and volume. My current criteria is: Active in pre-market At least 2.5% above the open Volume...

Attached is a chart of my speculation. Looking forward to how you see IVAN.

When I entered this symbol at wolfcharts.com, it gave me a 5 point wolfe wave analysis. When I drew my lines in, what I saw instead was a completed 5 point Bearish wolfewave that hit target #6 and bounced off it. I've read different post regarding going long on target #6. Some say that...

Thanks for your reply. It would be nice to get more info on the wolfe waves. PM me if you care being labelled in this thread - otherwise, it would be nice to see more of your post in here for the benefit of traders that would like to expand their knowledge.

I recently discovered that wolfcharts.com on the internet too. I'm currently testing it. In your experience, how reliable is it? I'm new here at Elite trader and I'm finding a lot of good information already. I just wished there was more respect from other traders and less of the bashing...