[walterw]

Ok, here we have todays first hour flips... cheers Walter.



pd: I took of cci 6 ( more clean chart) and added +-50 lines to cci for posible timing usage...

[walterw]

I have a nuance to add here : when a level was previously tested twice or more, we can have a more solid flip in front.... cheers Walter.

[walterw]

So as the lunch Coil breaks (very common pattern ) we have a nice flip giving a very good competitive entry before the rally...

in this case the flip is inside the coil, in some other ocassion the flip happens outside the coil...

we must understand that there are two types of coil breaks pullbacks, inside and outside the coil (see example).... cheers Walter.

[walterw]

Today I decided to take some cofee and follow the session to its end and see if more flips will come in.... well a very nice came in, made me stop first but on the second atempt worked out perfectly well...

[walterw]

Hello ¡ Todays first 45 min of session delivered this nice cool flip... kind of coil break type... with pullback outside coil... but it did flip ¡¡ cheers Walter.

[free84]

thank you Walter to share with us its a great technique best regards Thierry

[walterw]

Originally Posted by free84 »

thank you Walter to share with us its a great technique best regards Thierry

thank you for your kind words Thierry and welcome aboard... should I remind you this method its still on beta, It looks like it has some future...

The overall flip argument its crystal clear...

but there are some topics like timing, stops and exits still to be clarified...

we keep working on it and feel free to interact ¡¡¡ cheers Walter.

[walterw]

Ok as we wait today for the feds number we have more flips on the move...

The first chart is the 55 Tick chart where we monitor for flip formations... you will notice how clearly we broke resistance to then become support , giving us some flip trades...

I am experimenting some other timing alternatives to make timing easier....

1rst experiment : instead of waiting 0 line cross, we can take +-100 recross for timing... for this we can also see with more detail the exact same information on a 22T chart... (can help more precise timing ) its the same cci from 55T...

2nd experiment : we had a zlr type timing for the last flip, so we can take the zlr at the 22T crossing the +50 line making more easy the entry...


I am using cci 14 from 55T chart, the exact same cci will be a cci 35 on a 22T chart... this breakdown is to help more precise indicator reading...

dont forget I am a left brained guy.... cheers Walter.