Following are screenshots of the two most recent chaRTroom sessions. Several things that you should know about it…
Line segments (blue, green, red) were placed on the chart before price action ever got there.
These “inflection points” anticipate specific behavior
Every signal is annotated on each chart, whether or not it was triggered. That’s the blue segment, with or without an arrow.
Arrows remain if probed beyond 3 ticks past 3 minutes
Reaction limits (green, red segments) can be probed no further than their first 3 minutes without violating the signal’s momentum.
A common characteristic of temporary corrections
Tactics differ among traders for acting on a signal. Levels and timing windows offer guidance.
Taking guesswork out of stop placement, entries and adds