note 4050

Waiting at the Riverband

for those who already knew my previous mtf engulfing thread, can combine with the concepts in this thread. the buy confirmation entry set up in this thread is in some way having the same perspective as a engulf sell fail with a engulf buy. in the ...

Waiting at the Riverband

everyone has his own way of looking at trend. knowing which is retracement and which is the trend is the crux of the matter. if we get it wrong, most are not flexible enough to see the change until it is too late. at the moment my view is that we ...

Waiting at the Riverband

uptrend continuation

Waiting at the Riverband

considering that since the trend run up from monday with little pullback, it could break the resistance above and go right to the top next week with little resistance left.

Waiting at the Riverband

pullback is no surprise. we are just asking for trouble if keep on buying there at resistance.

Waiting at the Riverband

trade with analysis

Waiting at the Riverband

pullback if you find a ltf ce look left to see whether there is any support. we have to make a judgement whether we are in a strong or weak trend and whether the support needs to come from which time frames. a support coming from say h4 may not ...

Waiting at the Riverband

22oct high url

Waiting at the Riverband

result

Waiting at the Riverband

continuation

Waiting at the Riverband

image

Waiting at the Riverband

continuation

Waiting at the Riverband

results

Waiting at the Riverband

continuation

Waiting at the Riverband

the ce development at support

Waiting at the Riverband

so now we have come to see the resistance reaction better. currently at support.

Waiting at the Riverband

there may also possibility no more deeper pullback. so trade ce and be. ny holiday not a problem, there is always the london team. have to monitor things like asia range retracement, current london range retracement ......

Waiting at the Riverband

we are at resistance. the trend run up was during asia session. the 1st pullback during london session was not that deep.

Waiting at the Riverband

uptrend. likely to break the resistance although mid fib may take some time. will be easier moving up after the break.

Waiting at the Riverband