Disliked#11,148 Quoting eelfranz Hi Everyone .... Hope the week is going well for you all. Any questions? PM me. My favorite plays are 32% up and 68% down on the TDI. You have to check your TDI every time a new candle appears. OFTEN TIMES I'll check the current candle several times during the trade. Just my routine. Do what works for you .................. {image} and this post #1967 is the OP trade example:...Ignored
#1967 Weekly sell trade will fail most of the time
> the reason is Market Type condition will change after a WCC more than 80% of the time.
> that Weekly BEEOB candle is not a True REVERSAL candle
> for a Weekly reversal, we need to see a 5bars swing high completion and then we need to see Weekly make lower high lower low + Lower Close ... the Lower Close is very important.... this is the very basics of the 5-Method and this is the same in all timeframes.
> study the Price Action of the 'WCC fail trades" I marked on that Big E' chart and see that for yourself if the LH>LL+LC price action is correct and true.
> when trading TMS ' 5-Method we need to wait for the PA and the break of the WCC high-low range.
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