The Great SiMSCI 5-in-1 Confluence Signal
Keep in mind that trading the Tflow® simply about:
- Establish trend (use boxes)
- Establish support/resistance (look for point 2)
- Look for 4 to retest point 2 (and therefore to proof right or wrong)
- Look for chart pattern
- When many signals happen together/confluence, you got your best short
In this H4 chart of SiMSCI/Singapore index futures, everything is here. Point 4 with its head and shoulders reversal turns out to be one big test, false break and therefore validation that point 2 (322) is a solid resistance.
Got sure win? Don’t have. But high probability looks same all the time.
Director, TerraSeeds Market Technician Pte Ltd. Trader, investor. @sohtionghum was picked ‘Top 70 Forex Twitter in 2015’.
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