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Yoohoo, Very inspiring post, it really felt like percolated my mind and made me think a bit differently... Will try to apply that next time I watch the mkt.

Got the idea of what rolling timeframes to stay in a big wave is... Thanks yoohoo! Will try to apply that.

1. More or less. cvds was more correct to call a small decline first, but yes it did move up to a certain degree. 2. Yes, as soon as hammer 4H bar completed it looked bearish to me. 3. Indeed I just thought about it and caught myself that despite I had a view of big TF action I didn't act...

Haha, yeah it always amazes japanese and other foreigners how russians can fly to space and still have a slarling-house type toilets in many places (damn cold in winter)... :D Will really appreciate if you help me to direct my efforts in a right way... BTW, what do you mean by rolling TFs?

Yoohoo, My current stage is a strange combination of "it looks toppy" big TF reading and successful low TF countertrend scalping. :)

Yea it was just a quick scalp, not more. Agree on trend words... Indeed we get much better hitrate and r/r if remember what big TF swing direction is.

Nah, I saw this clear 4H top just forgot to mention it... Honestly. :)

Another case just happened of CCI calling exact bottom on 5min swings...

Yoohoo, Wow, thats how good sales business is lead... Take classic candlestick reversals and sell them for $7500... :D But seriously, this stuff is extremely useful around S&R... Will, if you want I have some good candlestick charting PDFs... :p

Ya.

I usually enter on BO above reversal bar pattern following 4th touch.... Though maybe it can be way more aggressive and just enter on 4th touch if it's w/ the bigger trend.

No Will, I entered from 5min TF.

Yeah and way OB CCI on 1H as well after pretty big run... Really, who cares what it is, if I saw it as a signal... :D

Oh I see, so it was high of Elliott wave 5...

Hmm... Prolly I misread the market but it still goes lower and my reading was this:

Minimal target derived from reading 1H + 5min entry was reached... Without me this time, but still excited cause reading of multiple TF's is getting more effective for me.

Market is giving a lesson to stay relaxed during retracements and not forget we trade bigger picture... :)

Prolly should've left the other half with initial stop as it was risk-free anyway and 1h really is apt to at least retrace...

Do we have an ABC on 1h now along w/ CCI @ 200+...?

Stopped out b/e on the other half... Actually could reverse around 23 on 1min...