bbmac
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Th 26th Nov 09
Nice steep downtrend on the lower t/f's with Hi-probability Re-entry (to next higher t/f trend after a pullback) set-up opportunities as well as thrust candle entry opportunities to the trend.
Price reaches 130% of it's 20day average pip range and finds demand/support in the previous 1hr swing lo=prev supp=potential support zone that is co-existant with an obvious near-term prev sw lo on 4hr...at whch a 1 and 5min regular divergence based repeating reversal set-up develops on both t/f's, the 5min supporting the 1min set-up...and a nice +25+ pip gain ensues.
Even against trend there are hi-probaility trading opportunities, although most would tell you there are not.
The potential support is here
The 1min set-up is here, notice the double regular immediate bullish divergence on the 1st oscillator
The supporting 5min set-up is here
You can see how the 1hr prev sw lo zone is co-existant with a similar prev sw lo zone on 4hr here
G/L
Nice steep downtrend on the lower t/f's with Hi-probability Re-entry (to next higher t/f trend after a pullback) set-up opportunities as well as thrust candle entry opportunities to the trend.
Price reaches 130% of it's 20day average pip range and finds demand/support in the previous 1hr swing lo=prev supp=potential support zone that is co-existant with an obvious near-term prev sw lo on 4hr...at whch a 1 and 5min regular divergence based repeating reversal set-up develops on both t/f's, the 5min supporting the 1min set-up...and a nice +25+ pip gain ensues.
Even against trend there are hi-probaility trading opportunities, although most would tell you there are not.
The potential support is here
![33pa6hu.jpg](/proxy.php?image=http%3A%2F%2Fi46.tinypic.com%2F33pa6hu.jpg&hash=840b0c999842894dbd1fd29ee616e4c6)
The 1min set-up is here, notice the double regular immediate bullish divergence on the 1st oscillator
![n5sg81.jpg](/proxy.php?image=http%3A%2F%2Fi48.tinypic.com%2Fn5sg81.jpg&hash=1542517a556001ceceaf042c4102afe6)
The supporting 5min set-up is here
![314v1cm.jpg](/proxy.php?image=http%3A%2F%2Fi46.tinypic.com%2F314v1cm.jpg&hash=707a0b5419a1a189f16f427ce7fb80bf)
You can see how the 1hr prev sw lo zone is co-existant with a similar prev sw lo zone on 4hr here
![11icsis.jpg](/proxy.php?image=http%3A%2F%2Fi50.tinypic.com%2F11icsis.jpg&hash=c5620372f327beb4bb022fb624f8024f)
G/L