Traders Laboratory - View Single Post - Sept. 12, 2006 Trend Day Chart
View Single Post
  #2 (permalink)  
Old 12-14-2007, 06:37 PM
pgd pgd is offline
pgd has no status.

 
Join Date: Dec 2007
Posts: 4
Thanks: 0
Thanked 0 Times in 0 Posts
Re: Sept. 12, 2006 Trend Day Chart

Quote:
View Post
The markets break the value high pivot and never look back. Why? Take a look at the TICK's. Market internals was screaming for higher.

Anytime the TICK's spend majority of the time above zero, look to buy the pullbacks. Shorting in a market like today will get you murdered.

By hihg value pivot & low value pivot do u mean the resistence and support. if not what are they?

what do u mean by tick spending time above zero?

thanks.

Reply With Quote