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’. Operates multiple strategies.
“Dear reader, I do not have a financial license to give advice. I do not know you the reader. Your financial objective and risk tolerance may be different from mine. I am not responsible for any consequence of your action.