https://hitandruncandlesticks.com/t-line-trading/
T-Line trading is a flexible, reliable investing technique that will benefit most swing traders. I coined the term “T-Line” back when I was working as a moderator in a trading room in 2004. The T-Line is simply defined as the 8-day exponential moving average, or the 8 EMA. Of course, I am not the first person to use the 8 EMA. I simply coined the term “T-Line” and came up with a trading plan that uses the 8 EMA as support (where there is buying pressure) and resistance (where there is selling pressure). Read on to learn more about this innovative strategy.
A trend day occurs when there is an expansion in the daily trading range and the open and close are near opposite extremes. The first half-hour of trading often comprises less than 10% of the day’s total range; there is usually very little intraday price retracement.