How do you determine a breakout from a false breakout?

[MC]

	Quote:	walterw
	I tell you Mike, I like to see this crossovers between the u/d vol... can you try using a 1 min time frame ? thanks Walter.

Here ya go Walt. 1 Minute, I can only really do 1 day to be able to keep it viewable. Hopefully this gives enough of what you were looking for.

[walterw]

Excellent... this croses work nice ¡¡ just taking those would be good enough to make consistent good profits... basicly the concept is that there is a greater amount of volume on the seller side than the buyers side, thus making the bears the kings... using some simple moving averages to stay inside the whole move or some keltners as well its good enough... 1 min looks nicer, more specific timing... Can you start a thread on this MIke and keep a track of this crosses so we can prove on lets say 3 months from here that this is a good solid strategy to feed a regular family... maintain the mecedes and pay the hyatt suite... trading can be so simple, we humans just make it dificult... cheers Walter.

[MC]

	Quote:	walterw
	Excellent... this croses work nice ¡¡ just taking those would be good enough to make consistent good profits... basicly the concept is that there is a greater amount of volume on the seller side than the buyers side, thus making the bears the kings... using some simple moving averages to stay inside the whole move or some keltners as well its good enough... 1 min looks nicer, more specific timing... Can you start a thread on this MIke and keep a track of this crosses so we can prove on lets say 3 months from here that this is a good solid strategy to feed a regular family... maintain the mecedes and pay the hyatt suite... trading can be so simple, we humans just make it dificult... cheers Walter.

I'm actually going to be having surgery on my arm shortly and can't commit to even that amount of work right now.

When I'm all recovered depending on my work situation then I can commit more time for the effort.

I will start a thread (great idea) and see what I and others can contribute.



added---
http://www.traderslaboratory.com/for...html#post39886