Trading Strategist Notes

A few things I had to jot down for future use / reference.

During embedding
1) push into the opposite zones triggers a new leg
2) a failure at the OS/OB comfort neckline can also trigger a new leg

  • A leg ends upon
    1) failing in the cover zone the previous week (by penetration & close outside)
    2) taking out the swing point the next week and closing back beyond the entry end of the current or the previous
    cover box

Last week’s pivot may be a good location to re-enter

Without embedding

a push followed by a failure in the current weekly box can be the end of a leg if the 18-stoch is oversold/overbought
a scare on the 21 EMA is a continuation entry