Work on SMC concept learning - Review the trades on NET stock in May.
What do I learn from the past trades?
I review TFLab indicators related to smart money concept and also put together 9 indicator to help make decision based on 1 hour chart, and learn how to buy dip on NET stock earning crash over 20%.
The best time should be the third day, 1 hour chart showed up Order block - That is the time to be best entry point - Build position, and NET stock went up from $185 to $270/ share.
Every time there is an order block on the uptrend, it is time for me to consider to add more position if needed.
Hourly chart - There is new major support line below the first green bar - three days after earnings date
Hourly chart - Peek activity indicator shows that insitutional buyer made purchase - volume bars inside light green bar - SMC concept helped to reduce the time to make decision on purchase, determine uptrend - When to make purchase - Volume analysis using peek activity indicator - Take advantage of NET stock crashed on earning news - Three uptrend OB - green ones
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