What sort of things do you look for when trying to find an entry on the daily chart? Any particular candlestick patterns, indicators, etc that have worked well in your experience? I work full time so only having to check the charts in the evening would be great for me. Thanks.
Swing Trading on the Daily Chart
- Thread starter steveburns0267
- Start date
Old breakout areas in the direction of the trend.
Here's my straw man
Use weeklys to define direction / contextualize price / PA
Use daily's to determine where.., within the weekly - price is - and what it's doing in relationship to the weekly
Wait till your setup appears - enter accordingly - setting a stop..., and potential profit target
Full disclosure - I am not a swing trader
RN
Use weeklys to define direction / contextualize price / PA
Use daily's to determine where.., within the weekly - price is - and what it's doing in relationship to the weekly
Wait till your setup appears - enter accordingly - setting a stop..., and potential profit target
Full disclosure - I am not a swing trader
RN
Last edited:
Wait ..WUT??????
Did you actually say "potential profit target"????
yet you bust my balls and state in no uncertain terms "reward" is a bullshit term???
wtf do you think a profit target is???
Lol,you are a funny guy
Did you actually say "potential profit target"????
yet you bust my balls and state in no uncertain terms "reward" is a bullshit term???
wtf do you think a profit target is???
Lol,you are a funny guy
Yes dumbass - because no one can predict it, so no one really knows - hence the word POTENTIAL
Use your eyes
Glad to have you as a fan - keep on keppin on
RN
Sorry Piker,you are busted..
No one can predict it??
Can you be any dumber??
So a stop when placed is real,but a profit target is " potential reward" ??
Lol,you still dont understand expectancy..
My apolgies if you are still in HS..
No one can predict it??
Can you be any dumber??
So a stop when placed is real,but a profit target is " potential reward" ??
Lol,you still dont understand expectancy..
My apolgies if you are still in HS..
Trust you feel better - now move along
ETA - and you were invited to prove you could - epic fail
RN
ETA - and you were invited to prove you could - epic fail
RN
My Red Dum Dum,
Quit while you are behind.
Placing a stop is no different than placing a profit target..
Risk /Reward does exist,no matter how boldly you say Reward is a myth..Is there something magical about placing a stop?? Is it not a potential price?? Is there something not magical about placing a profit target?? Is it not a potential price as well??
Put me out of my misery and look at the Risk Reward graph Laissez Faire poposted....
Quit while you are behind.
Placing a stop is no different than placing a profit target..
Risk /Reward does exist,no matter how boldly you say Reward is a myth..Is there something magical about placing a stop?? Is it not a potential price?? Is there something not magical about placing a profit target?? Is it not a potential price as well??
Put me out of my misery and look at the Risk Reward graph Laissez Faire poposted....
What I assume you mean is that nobody can predict with 100 % accuracy/certainty, but the market is most certainly not random and there are certain scenarios that can be predicted with a very high probability.
For example, ES today, have a very high probability of closing below 4440.
It's a range bound day, so not much more may happen, but it certainly warns against going long in the current area (4436).