Execution Parts 2 and 3

Execution Parts 2 and 3Lesson 14 of 175 min read

Add the middle

Model four on the chart. The middle of the leg is drawn over the entry you already found, and the strongest version is when the two land on each other.

The fourth model adds no new place to enter. It adds one line over the place you already have.

Draw it over the leg you are trading

You are long from the sweep of 2,396 and the break above 2,420, waiting in the 2,404 to 2,412 gap.

Drag the tool across the leg that produced the gap, from the 2,396 low to the 2,431 high. The middle prints at 2,413.50.

Module 26 covered which way to drag and module 28 covered when to redraw. Nothing about either changes here.

One drag across the leg, and one line on the chart.

Then look for overlap

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