This is extremely effective (but not for everyone)

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[/et_pb_text][et_pb_text _builder_version=”4.12.0″ _module_preset=”default” global_colors_info=”{}”]Hi, folks, I had a couple of questions from students asking about using the TPI indicator or the turning point identifier on the lower timeframes. In particular, in particular, the 233 Tick chart, this is a chart that I covered in one of the recent webinars, and I wanted to show you how it works. So today, as of this recording on Thursday, 12 to the s&p is up 70 points. So you think that maybe you got your you know what handed to you if you tried to go short? Well, that’s not necessarily the case, on the lower timeframes, such as a 233 Tick chart, and I’ll show you some real examples of the indicator in action. So if you could see this window pane down here below, this is the divergence or the TPI indicator. As you can see very clearly, the red arrows are indicating a sell, the green arrows will indicate a buy. So let’s go through this together. And using simple trendline analysis, as we talk about over and over again, you can see all of these opportunities here in the markets. And right now, this is actually post market here. This is in the Globex session. So once we see these divergence signals, and we get that trend line break, we’re okay taking the trade. Let’s take a look at the last set of symbols here. So we’ve got 123, drawing a simple trendline, you can see that we have multiple scalping opportunities, and then we finally get that trend line break up here. For the larger downdraft move. Here we are to the flip side drawing a trend line simple trendline analysis, we get a buy signal and we take it to the upside. Let’s see what that looks like it points 67 up to 70. So that’s about three s&p points. Here we are again, right here, we get a sell signal with a trend line break, and we get a nice move to the downside. Here we start getting some buy signals, we identify simple trend line, we get the break, and we move to the upside this from 67 back up to 7071. Again. So I’ve already showed you several examples here. And we have not even cracked the real meat of the day. This is actually all post market. So this is an example of this working on the shorter timeframes, such as a 233 Tick. There are, of course, other tick values. There’s also one minute, two minute and so forth. So you got to find out what works best for you. And you can apply that to your favorite market.[/et_pb_text][/et_pb_column][/et_pb_row][/et_pb_section]

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