[walterw]

If you have a "SUPER COIL" wich means its laaaarge coil.... when you have a break, you may want to enter on the break ....

When you have a "NORMAL COIL" wich means normal size... you dont want to enter on the break, but on the pullback continuation...

I atach an explanition of the two types of pullbacks you may have after a break... one is outside the coil, other is inside the coil...

if its outside it will be very similar to a "flip" concept...

if its inside the ideal pullback should not cross the midle level of the coil thus showing weakness, and for timing you can take the trade with a cci 0 line cross OR you can take the second break wich most probably will have success...

Coil Breaks respond to the intrinsic concept of contraction and expansion of the market conditions...

Market its similar too a lung... it gets air (expansion) losses air (contraction)... thats why you can expect after a very large contraction to get a very nice expansion...

Whats the worst scenario on a coil break trade.... well going from coil to coil... very dull market... he just doesnt want to take off... in that case you want to close your trade, take your cat and go to the park... tomorrow there will be plenty more trades... cheers Walter.