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Not every large candle is a momo. Context is everything,

viewtopic.php?p=77072#p77072

Just pointing out various ideas. Dead Zone Zlines Fibs Confluence Several Ideas work in the market, just need one to master and make money. Brilliant stuff! Gotta love that R/R. This example also illustrates that we basically look for a small candle before a momo. The extremes of this small candle ...

Mr. Hyde wrote:The first trade long? It was just a zline trade. Not something I would have a newbie trade as it technically didn't close past a pivot. Put fit perfectly in my rules of trading.

Good to hear from you!

Was curious about the first red arrow pointed by the black arrow.

Thanks!

Thanks, Lem! This is somewhat similar to the price returning to "W" reversal. Never thought of the "perfect resistance in front of a strong trend" as another sign. Have you seen a setup like this, https://www.kreslik.com/forums/viewtopic.php?p=77050#p77050 Market bottom rotation ...

Have you seen a setup like this,

viewtopic.php?p=77050#p77050

'Morning!

An update on gold. It went down and bounced off 40MA, which is also Fib 62.

Is something similar developing on gold?

Mr. Hyde, Looking over your posts, a question came up. On the first graph, do you remember why you entered on the 1st trade? The other two seem to be momo trades. What about the 1st one? Good to know because that's exactly what I am trying to do and post in this thread. If you can share feedback, th...

Timing entries with SMA,

therumpledone/the-ideas-that-i-trade-by-t3256/page4400?hilit=I%20find%202%2040%20SMA%20very%20useful

What I would say, is that it may be better to set an entry at the level price is at when you get the signal and enter when/if price again crosses that level, rather than entering straight away - certainly as you come down the time frames. Glad you liked it! You also suggest an interesting thought. ...