17 June 2022 – Aggressive Entry and Trade Management
In the chart below which was taken during market hours, we see on the $ADD chart that it has started to trend below the Orange line. The bar has turned RED. In the $Tick chart, the bar is RED and also below the downtrending GREEN line. This is an aggressive trade as it assumes that the /RTY will follow the $ADD chart as a leading indicator.
For trade management, we use both the /RTY chart. The RED bar continue to closed below the 8 EMA as the RED bars on the $ADD chart continue to close below the ORANGE line. In this case, the $ADD works well as the leading indicator chart.
17 June 2022 – Aggressive Entry and Trade Management
In the chart below which was taken during market hours, we see on the $ADD chart that it has started to trend below the Orange line. The bar has turned RED. In the $Tick chart, the bar is RED and also below the downtrending GREEN line. This is an aggressive trade as it assumes that the /RTY will follow the $ADD chart as a leading indicator.
For trade management, we use both the /RTY chart. The RED bar continue to closed below the 8 EMA as the RED bars on the $ADD chart continue to close below the ORANGE line. In this case, the $ADD works well as the leading indicator chart.
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