You want a very simple trade. Here you go.

[thehoov]

Without knowing the technicals for this, this is what kept me afloat during covid.
Simply based this off human psychology. A big move and a pull back is generally early profit taking and the fomo/speculation then drives the second run.
😊

[Parodytube]

There are certain patterns that are very probabilistic. Just need to learn to be patient enough to ignore the bad ones. Its really tough but can be done

[OmkarDev-leek]

I wish I could go back in time in my college days and relive all these years again having my present consciousness

[nicholaschua]

1hr chart, 2ATR @ default settings
Once conditions met

Entry at 50% retracement.
Or
Fibonacci levels

Scale in with limit orders

Don’t over complicate matters.
It a dip buy strategy essentially

[amishshah]

the time frame looks like 10 minutes, as the no. of candles are 6 from open to top selected. since this is for intraday, the suitable time frames I use are 5, 10 & max 15 min.

[SigmaAlgo]

What is the length of the atr? And time frame. That matters

[ashtonjohnston]

I could also just wait for London session to close and wait till noon to see whats popping after a range has set


Unless it's a linear parabolic trend

[quantumsolace]

This is exactly what I do; this is easy, easy money, I've been doing this for almost a decade now. Sometimes, I can easily buy into my position at the first dip, because I already know it's going to yield me 30, 40 or even 50% sometimes.

I don't need any drawn out lines or anything. All I need is my MACD and Im crispy. Winning percentage at 83%😎

[Kuisae]

Right, because especially in the first hour market is not prone to reverse...

[Youravgdaytrader]

Most of these people don't even know what ATR is or how it works. Powerful tool.

[cwebbn]

It always going to be a "Goodbye" 😂

[saltymonke]

Yep, in every session, the 1st hour is the guide

[ralphjones]

Negative comments are what make a person stronger, and negative comments are seen in their lives amongst their own group. Anyway, good job on that because it's so true

[Mykeepersbrother]

Sure it’s either gonna go up or down, great to know. Learned so much today.

[ssamman]

When you say 2 ATR, does that men 2*daily ATR?
Please explain, thanks.

[MrRevolation]

Nobody taught me this strat way back, but seeing it now coming from smb makes me feel good

[selfdevlpment]

At 2 ATR investors sell usually. The probability that it will go to 3 ATR so you can make 2R is not likely

[reyAlpha]

There's something inside me telling me to not act on this tip😅

[GomexClaudia]

Roughly £120k in my portfolio are in tech/TSLA stocks, can I get an advice on any other stocks that I can acquire to diversify my reserve across multiple markets while creating a comprehensive portfolio allocation that balances my concerns of risk aversion and returns that meet yearly inflation.

[mattd]

It works can use standard deviation for these too