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YTC Price Action Trader (www.ytcpriceactiontrader.com)

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Elite Member
Netherlands
 
Futures Experience: Intermediate
Platform: Ninjatrader
Favorite Futures: 6E
 
Zwaen's Avatar
 
Posts: 247 since Dec 2010
Thanks: 762 given, 222 received

Thank you for your charts Kulu


Is my following observation correct: basically you look for a strong rally comming from:


Within a trend
1) A strong rally from any pullback ( chart1: A,B or C)

When a trend ends:
1) A V-top of bottom ( end of a leg) ( chart2:A)
2) A 123-pattern ( end of a leg ) (chart2:B)


Or in sideways market:
1) the highest low/high( chart3:A) or second high/low(123 pattern) (chart3:B)of a trading range.




(made charts myself in paint so excuse amaturistic look )

Attached Thumbnails
YTC Price Action Trader (www.ytcpriceactiontrader.com)-a1.jpg   YTC Price Action Trader (www.ytcpriceactiontrader.com)-a2.jpg   YTC Price Action Trader (www.ytcpriceactiontrader.com)-a3.jpg  
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