Validation
Validating The Trade
Validating The Trade
Rule: at least 3 validating factors, preferably 5 on all trades.
There is no magic indicator to win at Day trading, you must combine several indications to come up with a likely direction. Trade only in the direction of the 20 sma.
Moving Averages
9 exponential moving average
20 simple moving average
Value Weighted Average Price (VWAP)
Volume
Price Action
Candle Pattern
Candles
Trend