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let's review today.
There was a low violation later in the day. This low violation is not a Taylor type of buy because a Tayor 'low violation' should come in the morning.
The market did end up trading 'low to high' after 2 high to low days. Personally, I made 1 trade today and then couldn't find another good entry. Very tricky 'structure' and I am sure today tore up a lot of traders. Patience and discipline. |
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Great stuff, I am trying to understand this with some logic. Interesting to note that nuance regarding LV which has to occur in the Morning for a TT buy.
1. Well we had 2 H-L days last week, and yesterday was L-H I presume, as there was a low which tested friday's low, albeit in the afternoon, prior to the high later in the day.
2. Now strictly speaking that is not a buy day, then any test of the low should be viewed as a buying opportunity. Correct me if I am on the wrong track.