ER2 TTM_5014_Slingshot

[mkp14]

Hi
Back again same set up short side
mkp14

[walterw]

I see you made it countertrend in relation to the 200 ema...

[mkp14]

Hi Walterw
Because it gave me 3 clue
1. trade change short time that was 2nd high
2. Slingshot in 50cci
3. Slingshot in ss

Now 3rd trade coming
thx

[mkp14]

Hi
3rd one Long still in working good
moved stop @B/E
stopedout 846.6
mkp14

[walterw]

nice trades there mkp...

so far I see 1rst and 2nd trade are TTM_5014 slingshot setup trade...

I asume 3rd trade would be a complete diferent setup...

[mkp14]

Hi Walterw
3rd One is MOF (Money on Floor) When both longer and shorter term ss cross to gather it is possible trend reversal and i took it and it was conform by 133t chart
Mkp14

[mkp14]

Hi cooter
Here is my purpose of 200 ema on 55 tchart

[Z_trade]

mkp14

Looking for confirmation signal from two momentum indicators on your 55t chart seems unreasonable for me. They repeat themselves and you probably need something with different nature.
The TTM and moving averages combo also have similar value as a trend definition. Removing the lines and using any kind of channel will bring a visual clue for the key area.

[mkp14]

Hi Z Trade
Like LRC ?
Thx
mkp14

[walterw]

Mkp : I see you have a combo of setups... wich one (setup) do you feel more confortable with ? thanks Walter.