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ticki low holds support - ttmf hooks and mex rolls back - PMD sell
fails / green dot buy addon - location is the highs of reject and the
price high before the PMD into the swing high.
also note the momentum trendline break. i don't place trendlines on
indicators very often BUT this would be a case where they are useful in terms of
another visual for where the previous move resumes/counter move fails.
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consider: counter ticki and holding a trade
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consider: counter ticki and a counter trade
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consider: where you are on the chart in terms of price -
where you are on the chart in terms of patterns across the chart
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consider: has there been a price failure to the previous
move
the trade into this is long - on the russell we are straddling the floor pivot
and on the es we are testing the floor pivot as support - the last high is with
a price momentum divergence which is going to bring in mixed method trading to
further 'confuse' the chart area. we are essentially having alternating
tickis in a stall/consolidation area without a pivot shift/reject.
Trade Decisions
chart3a/3b: blue dot1 ticki low hold trade - if after this ticki the
fp had rejected and the ticki low broke like the blue line/yellow
dot - that would have been a reverse to short. blue dot2
ticki low hold trade - no
setup and higher low to both previous retraces - again would have
been looking for some kind of fp reject/channel break to short.
ticki
high double top - trendline break/fp hit - lower high with mex
flowing down AND reverse out of trade as a fp failure setup
combination.
 
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consider: trade setup and initial trigger as entry -vs-
waiting for a continuation type entry as a market condition
decision
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consider: price-pattern - has there been a price failure to the previous
move
Trade Decisions
double top ticki high/PMD
'tease' tick higher high AND we know the mixed method traders are going short -
our job becomes to take partials if contracts are available and decide where we
will hold the trade to and IF it will be a reverse AND remember this is a buy in
a down market on a move to the highs from the housing news. price moves to
the blue line support and bounces to a lower high and the dots shift - now the
setup is a double top ticki highs at the high for a 1 point/blue line 2 point -
dot shift 3 point with mex flowing down - red dot sell on the initial trigger.
IF
you miss this trade you have another setup at the yellow line/purple dot - note
this is the 2nd break after the retrace because regardless that the market is
down this has still shown as a support point on the swing into the sell.
considering the market condition decision that makes the combination setup an
initial trigger entry - the purple dot sell at the matched price failure is an
excellent addon setup.
 
- consider:
price across the chart AND reactions to significant price areas
- consider:
fast chart-slow chart sync
very significant to the opening buy run was first the identification of where we
were on longer charts for resistance AND we had to discuss the daily chart where
we 'found' 622.80/623.20 - this gave an addon at 9:12 +622.90 which continued to
the highs at the time.
base trade setup: slow chart/fast chart
sync addon where the slow chart gives a reject/ttmf hook AND the fast chart
gives an indicator resumption - being able to include a counter ticki as part of
this setup 'adds' to the concept of reject.
Trade Decisions
these price lines and r2 give a PMD [sure hope the PMDers buying
623.20 enjoyed the abuse :)] straddling the line and still short and then
a reject break to swing lower lows AND there was nothing wrong with trying an
addon there through 622.80 and just didn't. another retrace back to the
blue line 623.20 and a ticki high at purple circle - rejects to blue dots/then
lower high AND red dot sell as an addon with the mex rollback AND note the sync
with the 240t chart and how this is a ttmf hook.
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Tactical Trading, LLC. All rights reserved.
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