Easy to spot BUY/LONG or SELL/SHORT ENTRY POINT opportunities.
Just follow this 9 RULES!
Rule 1. ONLY THINK OF GETTING IN A POSITION when BackgroundWave is coloured GREEN and ON POSITIVE SIDE of Flat White Line Rule 2. ONLY THINK OF GETTING IN A POSITION when BackgroundWave is coloured RED and ON NEGATIVE SIDE of Flat White LineRule Rule 3. ENTER BUY POSITION (Same Direction) when HigherHighs of MiniWave are coloured GREEN and they are getting BIGGER - needs to be confirmed with RULE 1. Rule 4. ENTER BUY POSITION (Change) when LowerLows of MiniWave are coloured RED and they are getting SMALLER - needs to be confirmed with RULE 2. Rule 5. ENTER SELL POSITION (Change) when HigherHighs of MiniWave are coloured GREEN and they are getting SMALLER - needs to be confirmed with RULE 1. Rule 6. ENTER SELL POSITION (Same Direction) when LowerLows of MiniWave are coloured RED and they are getting BIGGER- needs to be confirmed with RULE 2. Rule 7. Draw DIVERGENCE TRENDLINES on HIGHS or LOWS to ease your "spotting capabilities" and to be able to set up whatever ALERT you need Rule 8. IF NOT SURE - CLOSE THE POSITION Rule 9. DO NOT BE GREEDY - FOLLOW THE PLAN, whatever it is - but definitely THE PLAN SHOULD EXIST)
TIP: 1. First choose your favourite TimeFrame (mine is 30min) and draw all the Lines you need for better preview of the situation and LOCK them (believe me!:) 2. After some move (BUY/SELL) is just about to get confirmed on 30min TF, you can go on lesser TF (i usually analyze 1min, 3 min, 9 min and 15 min) down to TF that its GREEN/RED waves still makes sense (does that makes sense?) 3. On smaller TF you will get confirmation faster but sometimes they are more unreliable than in bigger TF. But if it aligns with a confirmation from 30min TF than i guess it should be OK to judge a bit early:)
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