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