FAQ

Hit and Run Candlesticks Frequently Asked Questions

What is the T-Line?
The T-Line is the 8 Exponential Moving Average. The “T” in T-Line stands for Trend Line and or Trigger Line.

What Stochastic do you use?
I don’t normally use Stochastic or any other indicators, but the best fit for me would be 5.3.3 8.3.3 or 12.3

What are your favorite set ups?
Rick’s Trap, PBO’s (Pull Back Opportunity,) J-Hooks, Double Bottoms, Pin Ball

What moving averages do you use?
For the daily chart my standards are: 2ema, 8ema, 20sma, 34ema, 50sma,  200sma

Do you use the same moving averages for intraday?
I use the 3ema and 8ema as cross over indicators in all intraday charts that I use

Intrday Charts: 5min 30min 60min 130min

Do you Scalp, Day Trade or Swing trade?
Yes! I do all 3, I believe a day trade or a scalp should come from a good Daily Swing Trade chart. I am what I consider a PROFIT TRADER