regarding setups. I do not trade them for similar reasons as
stated. In addition, I would like a setup to be confirmed by a
momentum indicator similar to SPY systems, as I cannot watch them
during the day. A squeeze indicator should be of help here,
yet I am not an expert on its use yet.
To be actionable, setups ought to be vetted by internals in
addition to looking right. If one can watch them during the day,
this is not necessary, of course. Most of people posting here
cannot afford that luxury, in my humble opinion. This is not a
criticism of the idea or the way others do it.
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regarding setups. I do not
NEWR Kaboom! you guys aren't trading the setups!
Posted by junkie on 18th of May 2023 at 01:18 am
regarding setups. I do not trade them for similar reasons as stated. In addition, I would like a setup to be confirmed by a momentum indicator similar to SPY systems, as I cannot watch them during the day. A squeeze indicator should be of help here, yet I am not an expert on its use yet.
To be actionable, setups ought to be vetted by internals in addition to looking right. If one can watch them during the day, this is not necessary, of course. Most of people posting here cannot afford that luxury, in my humble opinion. This is not a criticism of the idea or the way others do it.