ATR Trailing Stop Strategy for Trade Entry

VIDEO 1 IN A COMPREHENSIVE SERIES OF VIDEOS ON A HIGH PROBABILITY TRADE ENTRY SET UP USING THE ATR TRAILING STOP FOR TRADE ENTRY! https://www.instagram.com/optionsbook/
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High probability setup to catch part of a stock move while limiting risks. Ideal for scalps and day trades using the crossing of the ATR Trailing stop to enter long or short. This set up works great when confirmed with TTM_Squeeze in Think or Swim, MacD, RSI, and various other indicators.
ENTER LONG when price breaks the ATR trailing stop to the upside on the 15min chart, if price is also above the ATR trailing stop on the 5min chart (or if price breaks above the 5min if already above the 15min), and the stock generally looks bullish as confirmed by other indicators. Consider exiting quick if price turns fast and can’t hold above the 5 and/or 15min ATR trailing stop that the price just broke through. DO THE OPPOSITE FOR SHORT PLAYS.
A MORE AGGRESSIVE APPROACH is to jump in early as price moves towards the ATR trailing stop (but before it breaks through). Also, looking where the ATR trailing stop sits on the 5 and 15 minute charts is a good indicator of whether the short term trend is bullish or bearish.

NO STRATEGY IS PERFECT OR WORKS 100% OF THE TIME, BUT I LOVE ❤️ THIS STRATEGY!

Видео ATR Trailing Stop Strategy for Trade Entry канала GregoryCollierTV