Traders Laboratory - View Single Post - Sept. 12, 2006 Trend Day Chart
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Old 12-15-2007, 03:22 AM
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This member is the original thread starter. Re: Sept. 12, 2006 Trend Day Chart

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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.
Value high/low are market profile terms. It it best to visit our market profile forum for further understanding.

TICKS spending time above zero throughout the morning sessions shows strength. Therefore you can apply strategies that can focus on the long side. However, you will also need to be on alert on any shift in market sentiment. If the big insitutions have to sell and have not in the morning they are likely to do so into the late afternoon session.

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