@maroun.naser, Mostly i like the security to make a move then I wait for a pull back. The zone I like is between the 26 ema and the 13 moving average vwap. Some people use a 13 ema. In that zone I then focus on volume. Is there a lot of selling, over the average red volume bars. Or was it small profit taking. If it’s small profit taking. I like to place orders above the highs of bars in the zone. Some people Also look at support for pull back buys. Also an option. So in short, identify the trend, wait for a pull back to support then buy opposite for short.
@maroun.naser, What sort of analysis do you seek. If it is fundamental, I am not your guy. Though, I do believe a strong technical chart is just the result of good fundamentals within the company (for a long position of course). Conversely, shitty fundamentals will reflect in the chart. If you click on the indicator at the bottom of the idea it will run you through the trading strategy.thought process. Speaking of fundamentals, at the moment the CEO of this company is giving a news conference. It seems as if the public is not sure what to make of what he is saying, as intraday prices are bobbing. By the end of the day, we will have a good sentiment of the public reaction to the conference. Technically, price broke above it's all time high, and it has been hovering around those highs, if the bulls can keep it up, and break it through again, there are no resistance above to stop in. It is in lift. uncharted. hope that helps