https://ww w.youtube.com/watch?v=_7DeDnpTnjI I also find it vital to be able to find where the tops and bottoms are especially when daytrading using options. Some basic techniques that have worked for me include looking for a close below a pivot high or a close above a pivot low. Fresh supply and demand levels as taught by Sam Seiden are also helpful. @Lambrae
With moving averages a 3 exponential moving average cross above the 8 EMA tends to be a good entry point and a 3 EMA cross below the 8 EMA especially on a one minute chart tends to be a forewarning of a larger pullback .A breach of a trendline is also a good reason to exit and reassess the turning points. Another good exit place is when the options the price is offering a profit . I like to often just take the profit before the marketmakers take the profit away by slowly widening the spread.
