Price momentum divergences and a situation when momentum is not confirming a swing high or low are an important chart read to use for filtering a trade setup entry, since these divergences often lead to a swing reverse or transition into price consolidation.
Emini dow renko chart and tick bar chart day trading setups and trade review for 1-31 10:00 and 11:15 ct. Of special note is a price envelope reverse red-green midline reject pattern and what would have happened if a trade was done in the reject bar, without waiting for the reversal bar,
This facebook trading video will discuss the position trades done from the 12/27 expiration and 1/8, especially note how an options synthetic protection trade becomes a participation trade. Also discussed are renko chart considerations for real time hours or extended hours, along with comparing the TradeStation and NinjaTrader charts.
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