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Trend Continuation Rules

disciplined_daytrader

Lesson/Review

Free Daily Posts

Sep. 6, 2022

1. Always Follow the Micro Trend Direction

2. Use the 2 Minute Chart

3. Wait for sideways consoldiation and retest of 7

4. Do not take Continuation after the 20 is broken

5. Do not take Continuation after the 5 minute Trend is broken

FAQ

Following the micro trend direction helps traders align their strategies with the current market momentum, increasing the likelihood of successful trades.

A 2-minute chart provides a clearer view of short-term price movements, allowing traders to make more informed decisions based on immediate market trends.

Sideways consolidation refers to a period where the price moves within a narrow range, indicating indecision in the market before a potential breakout.

If the 20-period moving average is broken, it signals a potential reversal or weakening of the trend, suggesting that continuation trades should be avoided.

Breaking the 5-minute trend indicates a shift in market dynamics, which can lead to increased risk for continuation trades, making it prudent to refrain from entering new positions.

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10x Size On A Quality Setups | Y2023W15

winkler 🚀

Portfolio(s): Day Trading Momo,

Posted on April 10, 2023, 11:36 a.m.

DRC May 16th, 2023 (-$16) 1. OI 2. ORB 3&4. ORH 5. IC 6. BN

disciplined_daytrader

Portfolio(s): Futures,

Posted on May 16, 2023, 9:55 p.m.

DRC August 9 annnnnd oops I did it again

disciplined_daytrader

Portfolio(s): none

Posted on Aug. 9, 2023, 6:56 p.m.

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Trend Continuation Rules

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FAQ

10x Size On A Quality Setups | Y2023W15

DRC May 16th, 2023 (-$16) 1. OI 2. ORB 3&4. ORH 5. IC 6. BN

DRC August 9 annnnnd oops I did it again

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Table of Contents

FAQ

What is the importance of following the micro trend direction?

Why should I use a 2-minute chart?

What does sideways consolidation mean?

What happens if the 20 is broken?

Why avoid continuation after the 5-minute trend is broken?

10x Size On A Quality Setups | Y2023W15

DRC May 16th, 2023 (-$16) 1. OI 2. ORB 3&4. ORH 5. IC 6. BN

DRC August 9 annnnnd oops I did it again

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