Where are we headed?
When to go flat
Use IWM chart, it's the only chart you need to see major market turning points
https://www.tradingview.com/chart/IWM/FhcK18Fr-When-to-go-flat/
We're still headed UP - we are in an uptrend. It DOES NOT MATTER WHY. Just buy the dips, put in your stops, and buy the next dip. As your trades increase in profit your marhin will also increase, so buy more. It snowballs.
Raise your stops - trail. When you are flat from stops, take a look at the bigger chart, the daily and 4 hour IWM. Plan your next move ahead of time.
I'm long NAS100 now, since it is at all time highs, I'm using IWM for direction.
Stay tuned
https://www.tradingview.com/chart/g6e1EeUT/
When to go flat
Use IWM chart, it's the only chart you need to see major market turning points
https://www.tradingview.com/chart/IWM/FhcK18Fr-When-to-go-flat/
We're still headed UP - we are in an uptrend. It DOES NOT MATTER WHY. Just buy the dips, put in your stops, and buy the next dip. As your trades increase in profit your marhin will also increase, so buy more. It snowballs.
Raise your stops - trail. When you are flat from stops, take a look at the bigger chart, the daily and 4 hour IWM. Plan your next move ahead of time.
I'm long NAS100 now, since it is at all time highs, I'm using IWM for direction.
Stay tuned
https://www.tradingview.com/chart/g6e1EeUT/
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