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How to Identify PF
i. Divergence
ii. EMA fanned out
iii. Choppiness
iv. Multi session M/W – at least 2 days of formation
v. 13/50 – L1
vi. ADR Status
vii. 1 day move from PF exceeds 1 x ADR
viii. H4 - sharkfin + candle pattern
In Trading View:
i. Identify PF – Divergence and Channel Break
ii. Identify Current Level – Consolidations and clear move out of consolidation
After getting good cycle patterns in trading view, proceed to MT4 platform.
In MT4:
i. Draw PSR in H1
Accumulation zone for the current week
SH will act as PF for the week
Small pins below the PSR act also as induction for the week
Look for signals that shows trend reversal in line with MM, against the peak
ii. Draw ADR visual boxes
Trades to Take
i. ST - After L1 consolidation, visible SH, at 200
ii. SAT – After L1 consolidation, no visible SH, at 50, induction visible previous day
iii. ID 50 – 1st pullback to 50 after PF
iv. 33 Trade – 3rd day of rise on 3 day cycle, in conjunction with L3 on intraday cycle. Reversal imminent. Final
consolidation may las longer. Day closes near or at the high – additional confirmation
ENTRY CHECKLIST
TF – 15M
PLATFORM – MT4
i. AR – 50 pips or less
ii. Setup at last ¼ of AR or just outside
iii. Visible SH
iv. Candle formation at 200
v. PF/HOD/LOD test
vi. ADR still In range
vii. TDI – sharkfin, RSI cross signal line, above/below MBL
viii. 5/13 entry or 5/13/50 golden entry
ix. Candle close below/above 13 – entry
ID50
NY Reversal
i. 1st 3hrs of NYS
ii. Price at L3
iii. HOD/LOD formed already
iv. ADR met/Exceeded
v. Price pulled away from EMAs
vi. Candlestick reversal pattern
vii. RSI/TDI confirmation
viii. Profit Target – 50pips
Scalping
i. Look for candle patterns at previous H/L
ii. Start and RRT strong patterns
iii. Wicks at 50 or SH box – check TDI – Good Intraday Setups
NOTES
UPTREND DOWNTREND
RSI 80 – 40 range RSI 60 to 20 range
Spike bottoms Spike tops
W bottoms M tops
5 13 positive 5 and 13 negative
Price above 50 and 200 Price below 5 and 200
EMA/CANDLES
13/50 cross in H1 – L1
50/200 cross in H1 – L2
50 above 200 – uptrend
50 below 200 – downtrend
50/200/800 – strong trend continuations – wait for pullback to 50 or 200
50/800 – trend continuation
200 and 800 – moving support and resistance
200 home base – price always returns to home base
In H1, M/W forms on 800 – trend will continue for more than 3 days
5/13/50 – strike zone
EMA fanned out – L3
50/200 – extend horizontal line – support/resistance zone
Candle patterns – Hammer/Inverted Hammer/RRT/Spinning Tops/Doji/COW/Star
Best time to trade – Brinks trade – 1145am
NY reversal – 1745pm
Price goes up for 1 to 2 days. It will continue like that expect reversal day 3 to 5
Whatever happens Friday, will continue Monday, unless price resets (consolidation) then it will continue Tuesday
Trade L2 mostly identify PF, L1 to confirm, then trade L2 to L3
Don’t count L1 from peak until price clears the H and S pattern.
If price retest the trend line, do not count as level
RESET
At 200 EMA
Open and close the day almost at same price points
SH low and SH high
13 EMA does not break 50 (if it does, then it’s a reversal)
TDI
Parameter Explanation On 15 TF Chart
Green Current price sentiment Current price action
Red Crossover for entry/exit 1 hr. price action
Yellow Overall market sentiment 4 hr. price action
Blue Increasing or decreasing volatility
TDI Strategies
TDI Signal
Look to trade the green line crossing the red line with good angle in the trend direction of yellow line
1. Look for green line and Red Cross over
2. look for strong angle in the direction of the overall trend
3. Compare direction of price and TDI green line, high probability if both are moving in same direction
4. Enter trade if price action and TDI align
5. Exit when green line crosses over red/blue/yellow in opposite direction
6. For long - MBL flat or rising between 32 and 50 levels. no entry when MBA is near 68
7. For short - MBL flat or falling between 68 and 50 levels. Avoid entry when at 32 level