Breaking down a Simple Day Trading Strategy based on the 3 minute chart and Trend Breaks. People tend to overcomplicate things when it comes to DayTrading and I think the best thing to do sometimes is to simple trade the trend... This DayTrading Strategy can be applied to almost every market and stock. For Swing Trading you just apply this same idea to a larger time frame like an hourly or daily chart!
The rules...
#1 Are we above or Below the VWAP
#2 Is the Market Range Bound/Choppy
#3 We need a minimum of 3 touches of a trend line
#4 We wait for Trend break/Change then enter trade
#5 Risk Should be bottom of previous Candle Size Accordingly to this.
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