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Back To Following My RULES
$EVFM.... it was a good trade. LOTS of liquidity in the premarket. Simple rule (back to following my own rules after last week's disaster):

  • Let it RIP
  • Pullback
  • Find support
  • R|R Ratio
  • Play the BREAKOUT

I've also noticed lately that RR and SS levels on the daily charts are barely what they used to be. It may be season or dependent on my preference of stocks that i trade. Take this one, there's nothing whatsoever i could've played off of. Straight downtrend with no VOLUME. It is NOT just identifying levels, There has to be empiric evidence to why consider that level as either support or resistance.

Lately, at least personally, i am better off using INTRADAY levels.

+14% ROI.. it's not bad..
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