Jump to content
nick jiang

Newbie Questions: 5-min ABCD

Recommended Posts

I'm new to BBT, and have been simulating 5-min ABCD for the past month. Hope someone could help me with these questions, thank you!

  1. If a stock has been trending up on the daily chart, but trending down on the intraday chart but you see consecutive green candles, can you still trade ABCD going up?
  2. If there are multiple green candles going up but one red candle in the middle, where do you start counting A?
  3. Regarding confirmation, if the candle pushes past D, do you wait for the 5-min candle to finish before entry or do you enter right away?
  4. What if D is close to 9EMA but extended from VWAP, do you still enter this trade?

~ Nick

Share this post


Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now

×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.