ITL/H (Yellow Triangles) and LTL/H (Red Triangles)
The Grey I look at as MF.
I look for a break in MS and then measure a fib from the most relevant swing range.
Hope the pictures help, although these are just the way I look at it. I only concentrate on the MS not the flow when trying to anticipate my levels.
For EG: Tomorrow, I will be looking at the following (which may never happen) but gives an idea how I look for trades. Tomorrow I should be in front of the charts for once so may trade some of these if they play out to plan. If they donāt, itās no major issue, Iāll wait for another level.
This is just OTE and MS, I havenāt even looked at trinity levels etc. All based on Sweet Spot for analysis sake.
28/11/2012 18:35 Price = 1.6010
D1
Sweet Spot @ 1.6072 - Sell as MS Bearish
H4
Sweet Spot @ 1.5931 - Buy as MS Bullish - Moves price towards the Daily Sweet Spot
H1
Sweet Spot @ 1.6027 - Sell as MS Bearish - Moves price towards the H4 Sweet Spot
I like this type of approach, MS, S&R and Fibs, I try to do the same with my own analysis. All based on a higher timeframe. A real test on the patience! (I always feel like Im loosing out when I miss the big 100 pip intraday rallies :p)
I think swing trading is where the real money is (less trades, less stress, big moves, whats not to like? :))
Pip Goal Achieved [Weekly]
Presented PreMarket Directional Bias
Provided Entries
Provided Stops
Provided Exits
Utilized Limits
Traded āCoreā Concepts
Showcased Two Styles Of Trading - Scalping Intraday - Short Term Trading
Left No Room For Trolls To Nit Pick
Video Documentationā¦ Done.
Hello Michael!!! Donāt bother with the trolls!!
i just started studying you , tryinā to enter the Circle , and after searching, i found a zip with many of the indicators you supposedly use , with a nice .txt file explaining in general terms what each indy does!!
i wanted to ask you this question since i am at the beginning of the study:
Have you indeed given a set of indies to the public?
and
What indies should we stick on with, to keep it simple and clean?!
Thank you and since you were so nice to give your feedbackā¦ allow me to introduce you to four of the business best kept secret indiās:
The OPEN
The High
The Low
The Close
Collectively, these four sometimes in certain ācirclesā is commonly referred to and dubbed as P.R.I.C.E. Itās not easy to see in most casesā¦ it tends to hide behind numerous indicators and moving averages. This is the Trading Industryās only Holy Grail. Master these four indiās and I promise youā¦ the WORLD is yours!
long cable from 1.6004 and fiber from 1.2940. anyone else? or any other ideas for today guys? iāll close 80% at 1.2970 and equivalent on gbp which are ~ote shorts. will leave the rest on fiber open with sl at BE and target 1.3020.
When you think about it though, there was absolutely no sign of any bearishness, not a single lower high, or lower low anywhere, stalk the levels, but you still got to read the candles and get a buy or sell pattern.
Donāt worry about it, note it down, learn move on.