Reaction line, Reflective Wave, and Reaction Wave

The Reaction line, Reflective Wave, and Reaction Wave, in addition to the trap-zones and money-making zones are the key aspects of a chart reading, and can clearly give us the clue where the price will go and what stage it is in now.

A trend will be formed when reaction lines are continuously going up or going down.

A trend will be reversed if
  • Elasticity of the reaction line is not good any more
  • Reflection wave can not make new high or new low
  • Reaction wave is making new high or new low
Trend following position: enter and exit when the trend is reversed in the daily and weekly chart combination.
Trend trading position: enter at ~ the reaction line price during the reaction wave; Take profits at the reflective wave when a new high or new low is realized; Using the intra-day and daily chart combination.
at 10/03/2009 10:23:00 AM

2 comments:

  1. AnonymousOctober 3, 2009 at 10:45 AM

    thanks , i am new to stocks and enjoy your blog very much

    ReplyDelete
  2. AnonymousMarch 9, 2011 at 10:05 AM

    Hi Tiger,
    Thank you for your blog, which is very educational.
    May I know if you have a trading room?
    Also, would you please kindly tell me where I can learn more about your The Reaction line, Reflective Wave, and Reaction Wave?
    Thank you for your help.
    David

    ReplyDelete

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