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Morning all. Tom try to see everything in multiple TF's and not just the TF you are looking at. Your 1st falling TL connects 3 daily bottoms. Think of a 1 hr chart with 3 pushes to a low - this is how it looks on the daily. Your red TL is a simple EMTL. You last short S&R's is how I use...

3hr should be ok

yea I know - very tempting to take 30 pips but later you see there was another 120 on the table. Partly the answer is experience, nothing beats doing. But lets look at this logically. Say you get a perfect pullback in the 5 min chart... how much time are you looking at. For a fluid move you...

not a pin bar - really has to stand way out from the crowd. Most of the length of the bar is inside the prior bar.

You need to use your professional skills to get into the psyche of the market. The 1 hr up was a countertrend move against the 4 hr. Think about the possibilities - hard and fast reversal or like walking thru tar. Markets often reverse when they look strong to keep you out. So the daddy 4 hr...

Good - seeing with the thought "looks toppy" is first light Seeing and predicting is next Seeing, predicting and planning what to do follows Working your plan comes next Then working it better Next working it well Finally counter trending on the 1 min if it has structure...

ok let me think and see how we can nail this thing Rolling TF's... is like a buy on 1 min... see 2 min signal, 3 then 5 then 15 signals - I want to stay as long as I can. So I said 30 minutes back stay short - market bounces from a screamer 1 min hammer/doji... it becomes a Doji on 5 min...

LOL - typical Russian - gets the hard part working first! Will think on what to do about that Seems like somehow you're not rolling your TF's? Remember each TF has weight of money to push and time to fulfill.

Good - seeing with the thought "looks toppy" is first light Seeing and predicting is next Seeing, predicting and planning what to do follows Working your plan comes next Then working it better Next working it well Finally counter trending on the 1 min if it has structure...

Correct CF...but when you line up 4hr and 1 hr you can expect a big move so you want to know the trend. Don't know where this occurred but be short now. Anything like that would need to be traded long on the 1 min and reversed when you have the hang of it.

sorry meant to post this chart

Final note for the day. We had a 5 wave up pattern - anything else ringing alarm bells? Here's what I wrote 1st thing this morning... "At the monent the short term pressure is to the upside inside the (1hr) box but that is a divergence against a falling CCI. That tells us a lot that PA...

This was such an easy call down You didn't need to know Elliott but when you see something that looks like a clear 5 waves up - better be short and hang in there if our bigger TF's need down. The 1 min double top started the damage. After that it was swing trading or sitting in there...

While back there was a fellow named Kingfisher charging $7500 for his system. It was based on S&R taken from closing line 30&60 min reversals. He had very, very few 1 min reversals but this was one of them. Reckon I'm giving you about $1000 value in this chart alone. Thing is, this is...

Looks a distinct possibility but I posted the count only for information and more to show where the ABC's were. There is a reason why I trade as I do - I got better! I used to use Elliott but there were too many counts and it was too involved. At the start using multiple TF's and then...

In Elliot the abc's don't have to have an equal A&C... they can be fib projections. The A-B-C I was talking of for projections has A=C in length... OR A x 200% = C. The arrows show precise equal lengths on this chart. The number count is Elliott.

CF tried to post a chart but my screen capture is playing up. Look at a line chart on the 1 hr - this is something I for got to mention about A-B-C's. From the low of around 1.543 that ended the last ABC down we have an A up to 1.55, down to B at 1.546 and right thru C at 1.533 PP. When it...

CF you're playing well. That was just a reminder because we all get used to playing within a "speed range" and then it slows way down and we forget to adapt and still focus on the Primary Direction with a plan to extract the best from the move. A few back days I said we would get into a cycle...

You have already called the direction but today it was wait, wait and wait more. So what happens? You get some PIB and stop before you get what you wait for? OK lets say this was a 1 min chart and we wait and wait - what would you do? You'd look at a bigger TF! So we got a 1 hr that...

guts follow skill "guts" is just your subconscious telling you all the pieces are not in place and you are acting beyond your skillset When you have honed skills you can be in a life and death situation and be at your most relaxed Everything should be in complete harmony and relaxed...