think gave my opinion on that matter already. would pay attention to support or resistance UNTESTED IN THE MOVE/leg being retraced RIGHT NOW and also is important to the move on the higher time frame that gave the H/L of importance.
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Just to clarify what a up leg start is, it is not the lowest point of the move (reversal) but rather the last lost support before the low point and then we have to regain this lost support as a support new level, and this is the official "Leg start". Is my understanding correct?
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There used to be a few blogs all discussing this method of market analysis but they all went private in the fall of 2017. No idea how to access them. I guess its valuable information so I can see why its private.
No matter the time frame a move starts from where support is captured/lost. So the lower the time frame the more moves/legs one will find. So one wants to fit what they see on the lower time frame(s) with the higher time frames. By doing so one can eliminate some cos since a low or h was made, levels/moves/legs and in the CURRENT MOVE/LEG A TEST OF THAT LEVEL, A LEG OCCURRED AND THE PROCESS TO COME UP FROM SUCH LEVEL (down for a down move) exhausted levels of S ( R levels for a down move) that were not just important to the current move/leg but important to the move that gave the important H/L on the higher tf n its CURRENT MOVE/LEG.
Whats in between will be used to shift/control the momo of the CURRENT MOVE SO when it hits an UNTESTED LEVEL OF R or S in the current move/leg and also important to the higher tf move/leg(s) to/ from the important H/L of the higher time frame(s).
The lower time frames helps to see the shifting of the current move momo, with precision of the levels of interest and by fitting w the higher time frame, whats being tested thats important to the higher time frame(s)
Hope this helped
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That makes sense, thank you. So the highest probability trades are against untested levels that correspond with leg starts (up or down) of significant high / low, and we should see slowing momentum on lower timeframes as we approach these. Momentum gets slowed by the rotation of going through the less significant s/r levels along the way which can be found on the leg to the left of the current one. It's also possible to scalp the rotations on the way to the untested leg start levels but its less probability and lower R/R... Am I understanding this the right way?
One always wants to pay attention to the UNTESTED levels of S/R in the CURRENT move/leg that are important NOT JUST TO IT but also to the move that gave your important low/high on the >= higher intraday time frames. what had been lost to get to the low n thus it had to capture/regain to go up from it and for a high what had to be captured to get to it from S n it lost to come down from it.
As one develop their skill set and understanding how the next move has to setup, one will know what will see BEFORE R or S is it hit thats important to NOT JUST the CURRENT MOVE but the one that gave the H or L of importance of the CURRENT HIGHER TIME FRAME(S) MOVE/LEG !! How momo is shifted thru process of testing what will be captured or lost n how those tests to come down/up from where R or S was found respectively, how what will be lost from that R or captured from that S, the test and what it will lose from R or captured from S, is being tested in itself and thus there is no S or R there n will be lost/cleared. the key is always fitting the now and move being retraced now IF IT DID NOT GIVE YOUR H/L OF IMPORTANCE to the move/leg that DID! thats how one can figure out whats going on w the CURRENT MOVE's MOMO and if it has the next important target, the NEXT leg/move UNTESTED and if it just going thru the process of getting there cos of the momo of the move/leg that took it the recent h or l and whats is in between UNTESTED and having to go to the opposite UNTESTED and then repeat the process before making a new h/l of the CURRENT MOVE/leg !!!
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