
Chris Kimble
16.8K posts

Chris Kimble
@KimbleCharting
I use the power of the chart pattern to find extremes in price to identify reversal and breakouts https://t.co/PhH0LBMcgR






$DXY So far a Type 2 breakout with a re-test of pattern boundary. Critical week ahead.

22 Trading Rules You Need to Know 1. Ignore Opinions - Price Action Tells You What Matters 2. When the $SPX is above the 8 & 21 day moving averages, be long leading stocks in leading sectors 3. Get Tactical When SPX Breaks the 8 & 21 Day 4. Don’t Hold Stocks Under the 200 Day as Swing Longs 5. Use a Tier System to Scale In and Out of Positions 6. Focus on a Small Number of Stocks You Know Well 7. Take Notice of Stocks That Hold Post-Earnings Gaps 8. Never Short a Growth Stock on Valuation 9. Never Short an Index on a Macro Prediction 10. Only Short When the Price Action Indicates a Drop 11. Don’t Bet on Takeovers or Short Squeezes 12. Only Take Options Into Earnings, Never Stocks 13. Use Post-Earnings Highs/Lows to Find Key Levels 14. Use Day 1 Highs/Lows in IPOs to See FOMO & Fear 15. Don’t Stop Out Based on P&L or Percentages 16. Stop Out When the Trade Changes 17. Turn Losing Trades Into Lessons Learned 18. Let the Trend Be Your Friend Until It Turns on You 19. Hold More Cash in Choppier Tapes 20. Watch the Reaction to News, Not the News Itself 21. Never Revenge Trade - Accept What’s Done Is Done 22. There Is Always a New Setup Around the Corner If you agree with my philosophy, you'll love this: t3live.com/ma-ebook-tw-sc…



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