YMoca

The only thing I can see is that it should have been more specific and said. "Trend remained down until this morning "when there was a close above" the upward formation that began last night around 17:02 cst. That's all I can see YMoca

M First of all thanks again for starting this thread. Now a few questions. - How do you determine whether the first trade for a new week will be long or short? - Do you take the set-up off of the 1st intention move? - Do you wait for an overall trend to form, and then look for the 1st opposite signal? -Also, when the market gaps open like it did Sunday night, do you count that move down as an intention move? just wondering how you would have traded last nights/this mornings action. Thanks YMoca

OK I'll take a stab at today's question. My answer is B. At Point A there was still no close below the intention move. The next bar after A closed below the intention move so you should short at B. That my guess anyway Cheers

Hi I've been following your thread. Thanks for sharing. I get Zenfire Data through my broker. Just a heads up to you, my chart does NOT show a close below the formation yet. This is a chart from about 7:33 am Eastern

Hi, Just found this thread and am in the process of reading Al's book and learning his setups. The book is definitely a tough read :bang head: Here's a few other articles I found by Al written for Futures Mag. Cheers . Breakouts and Micro Trendlines.pdf Failed Flags.pdf Price Action Fundamentals.pdf Price action lines.pdf Reversals.pdf