craft- i have been posting my best work here. i guess this is my cave! i am sure you noticed that all three charts showed what is now my highest probability setup.draw a simple line connecting 3 pivots that ends in fib box. anchor medianline set on that line. price will go to medianline 90% of time....

Very modest reaction here as Jim alluded to.

qqqq- nice chart... nice setup... nice use of line.... but IT IS NOT THE SETUP I HAVE BEEN SHOWING..it will have to stand on own merits.

Thanks for the reply roofer. I guess I am still trying to understand what you have been showing. What makes this different?

Thanks so much

Best wishes

So, hopefully there must be some additional people out there who want to take a crack at posting some charts showing the setup as roofer has shown it? If he doesn't see some effort at trying to get this, he may lose motivation to keep showing fantastic material like this. Don't worry if you aren't sure, post away, and get some feedback on what you'll need to do to duplicate this. That's how we all learn. No risk in here, since no one slams anything shown by anyone.

I wish I was so relaxed... I'm using it at a sorting tool rite now. I have another setup I'm after and didn't take this trade. The 1/5 stop takes some getting used to.

After looking at your GLD chart I went back to the original Andrews course and got a new understanding on the SEP EP formations. Also the the use of specific lines for specific reasons

more from my traders

here is my simple interpretation

m- yes that is what i have been showing... now the second set on this chart and a set on the tlt chart are anchored in a specific way to give me target... it took me endless hours to confirm that rule. if anyone can put that rule into words i will say yes... the rule starts with'' if the first and third point on line are not the traditional standard set points and two clear pivots...........''

it is about the money not theory... there is no reason to ignore the smaller pattern within pattern and not to take some money

Another. One thing I struggle with is the concept of entry. I am used to waiting for confirmation, some kind of violation that tells me that this is a point of reversal. You said that the technique in itself is the entry if I don't misunderstand and that entry is everything to you. The only way I can interpret this is that you have to be a lot more aggressive (fade in??) to get in and your stop is automatically pre-defined based on the 1/5th rule.

at the turn, i was scrolling my charts looking for the best entry... the TWM lept off the charts grabbed my hand and pressed the button!




Note from Jim: I finally figured out why this didn't post correctly, and fixed it.