Simple's Green Room

[pennies2007]

The long term charts like the weekly and daily give me good trades to hold longer term so I don't have to stare at the charts all the time. The hourly chart gives me the smaller wave counts within the larger time frame TDI wave counts so I can weave in and out to get some daily gains while I wait for the larger ones to pay off.

But, I ALWAYS have the larger time frame counts in mind before I take the trade on the hourly charts for flipping. Since I use larger percentage positions on the flippers, I don't want to just jump in randomly and take a chance on going against the grain on the longer time frames.

I still always use the top-down method I recommended in the training videos I did. Start with the higher time frames and then work your way down on the TDI wave counts so you always know where you are both in the near term and the long term.