FTK - Chart Link on the watchlist day
chart has not broken out yet
FTK - Chart Link - here's the 60 min
chart, notice if it were to breakout from the pattern my initial
stop could be that higher low inside the pattern. I could also buy
some inside the pattern with a stop at the low higher low of the
coil
again I think you guys will trade these better also using the 60
min charts to fine tune your entries and using higher lows for
stops.
For the newsletters I may start adding 60 min charts for some of
the daily ideas. It's more work for me so I won't do that for
everything but maybe 3 - 5 of them etc, we'll see...
FTK trade idea and education
Posted by matt on 13th of Oct 2020 at 09:57 am
FTK - Chart Link on the watchlist day chart has not broken out yet
FTK - Chart Link - here's the 60 min chart, notice if it were to breakout from the pattern my initial stop could be that higher low inside the pattern. I could also buy some inside the pattern with a stop at the low higher low of the coil
again I think you guys will trade these better also using the 60 min charts to fine tune your entries and using higher lows for stops.
For the newsletters I may start adding 60 min charts for some of the daily ideas. It's more work for me so I won't do that for everything but maybe 3 - 5 of them etc, we'll see...
Update: FTK trade idea and education
Posted by matt on 13th of Oct 2020 at 01:40 pm
FTK - Chart Link updated view, was a nice buy inside the coil this morning
I added to FTK which
Posted by imelhoe on 13th of Oct 2020 at 01:52 pm
I added to FTK which i already had in my portfolio. thanks for heads up on coil but how do you project its target now Matt? do you use fib extensions?