Wednesday, June 21, 2023

DELTA TRAP TRADE TRADE REVIEW FOR 06-21-23

THE LOW OF THE DAY IN NQ FOR 6-21-2023

WHAT YOU SEE HERE IS AS WE PUSH INTO THE LOW OF NQ , WE GET THE BIGGEST NEGATIVE DELTA ON THE 24 TICK RENKO BAR, IN ORDER FOR IT TO BE TRIGGERED, YOU MUST GET A TRIANGLE THAT HAS A BAR GOING "UP INTO THE DOWN BAR" THAT HAD THE BIIGGEST DELTA, IT WILL BE MARKET WITH AN ORANGE TRIANLGE ON IN, THE STOP IS 21 POINTS MAXIMUM, AND TARGETS COME FROM THE TRADING CHANEL OR INTRA DAY TRADING LEVELS FROM PROFILE. YOU WILL ALSO NOTICE , OFF TO THE RIGHT, THAT THE SAME BAR GETS BACK SIDE TESTED AND COMES OFF OF IT WITH A STAR ALGO, THIS IS ALSO A VALID ENTRY AND IS A STOP AT THE BOTTOM OF THE STAT, USUALLY 10-15 POINTS IN NQ THIS SETUP REPEATS, OFTEN.