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And that may account for the difference between us. I couldn't care less about the reasons for price's movement. When I see selling drying up at support, I go long. When I see buying dry up at resistance, I short. If price is drifting aimlessly, I do nothing. No jargon. No software. No colored arrows. No indicators (bar or otherwise). |
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DB,
Going through this thread again and on post 183, you said the above.
You say "when I see selling drying up at support." Some see supply or demand coming in based on where the bar closes (from what I've seen, you don't care about bars or where they close). Some use bid/ask, and I don't think you look at that, either.
So, then I assume you mean
volume drying up while in a down-move and while approaching support.
Ok, I'll stop interpreting/assuming and ask you directly: how do you "see selling drying up?"
Thank you for your help.
Bert