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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts -- Ignore unavailable to you. Want to Upgrade?

To: Sun Tzu who wrote (82099)	10/17/2023 11:18:27 AM
From: Sun Tzu	Respond to of 97584

I've made a tactical addition to my system. The old buy on green sell on red lines are strategic. This one is about execution: entry and stoploss. I'm presenting the clarified version below. Your entry is always the pink line. Your stoploss is a close outside the orange and lime lines. This is not about the direction. That you get from the old settings. This is just the execution. As you can see, the buyers rushed in at the pink point today. The question is what will they do once we go below it. If they jump in, then we may have an up week. Otherwise... The other key point for daily chart is ~14870. We should get a bounce there and then retest it. Meanwhile, for the less patient ones, here's the full 15 minute chart of NDX